iCar Asia Limited (ICQ.AX) – Merger Arbitrage – 22% Upside
Current Price: A$0.45
Offer Price: A$0.55
Upside: 22%
Expected Closing: TBD
Author Archives: Ilja
Genesis Emerging Markets Fund (GSS.L) – Upcoming Tender Offer – 7% Upside
Current Price: £9.03
Offer Price: £9.62
Upside: 7%
Expiration Date: TBD
Vectura (VEC.L) – Bidding War – Upside TBD
Current Price: £1.514
Offer Price: £1.50 (expected to be increased)
Upside: TBD
Expiration Date: TBD
SOHO China (0410.HK) – Merger Arbitrage – 22% Upside
Current Price: HK$4.10
Offer Price: HK$5.00
Upside: 22%
Expected Closing: end 2021
Africa Opportunity Fund (AOF.L) – Liquidation – 70% Upside
Current Price: $0.60
Liquidation Value: $1.019
Upside: 70%
Expiration Date: mid-2022
Hollysys Automation Technologies (HOLI) – Merger Arbitrage – 9% Upside
Current Price: $15.72
Offer Price: $17.10
Upside: 9%
Expected Closing: TBD
Cambria Automobiles (CAMB.L) – Expected Better Offer – Upside TBD
Current Price: £0.75
Offer Price: £0.80 (higher offer is expected)
Upside: 7%
Expected Closing: Q3 2021
West Fraser Timber (WFG.TO) – Odd Lot Tender Offer – C$1340 Upside
Current Price; C$84.43
Offer Price: C$85 – C$98
Upside: C$1340 (if priced at the upper limit)
Expiration Date: 17th of August 2021
Flagstar Bancorp (FBC) – Merger Arbitrage – 5%+ Upside
Current Price: $41.82
Offer Price: $44.05
Upside: 5%+
Expected Closing Date: Aug’21
Eagle Bancorp Montana (EBMT) – Odd Lot Tender Offer – $246 Upside
Current Price: $23.76
Offer Price: $24-$26.25
Upside: $246 (if priced at the upper limit)
Expiration Date: 22nd of June 2021
Fairfax India Holdings (FIH-U.TO) – Odd Lot Tender Offer – $189 Upside
Current Price: $13.09
Offer Price: $12.50-$15
Upside: $189 (if priced at the upper limit)
Expiration date: 6th of August, 2021
BRP Inc. (DOO.TO) – Odd Lot Tender Offer – C$1700 Upside
Current Price: C$95.47
Offer Price: C$94 – C$113
Upside: C$1700 (if priced at the upper range)
Expiration date: 23rd of July, 2021
Community Savings Bancorp (CCSB) – Merger Arbitrage – 14% Upside
Current Price: $20.00
Offer Price: $22.76
Upside 14%
Expected Closing Date: Q4 2021
Roxgold (ROXG.TO) – Merger Arbitrage – 6% Upside
Current Price: C$2.14
Offer Price: C$2.26
Upside: 6%
Expected Closing: early July 2021
Banco Santander Mexico (BSMX) – Expected Higher Offer – Upside TBD
Current Price: $6.19
Offer Price: $6.21
Upside: TBD
Expected Closing: Q3 2021