bullish

Nippon Steel's HOSTILE Partial Tender Offer for Tokyo Rope: A Move to Mark Territory?

509 Views21 Jan 2021 21:44
NSC is going hostile to buy 10% of Tokyo Rope. This is an unusual situation in Japan as Nippon Steel is not even going for negative control. There is a good premium, but this may go too high early.
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Janaghan Jeyakumar, CFA
Equity Analyst, Event-driven
Quiddity Advisors
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