Align Partners Asset Management’s tender offer for Gabia Co. fell short, raising its stake to 12.32% as only 3.29% of shares were tendered, despite a 20% premium offer; Gabia shares surged 10.02% on the news.
#YonhapInfomax #AlignPartners #Gabia #TenderOffer #ShareholderStake #ITServices #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=95810
Align Partners Falls Short of Gabia Tender Offer Target—Stake Rises to 12.32%
Align Partners Asset Management’s tender offer for Gabia Co. fell short, raising its stake to 12.32% as only 3.29% of shares were tendered, despite a 20% premium offer; Gabia shares surged 10.02% on the news.
Yonhap Infomax
A+ Asset Holdings Chairman Increases Stake via On-Market Purchases Amid Align Partners' Tender Offer
A+ Asset Holdings Chairman Kwak Geun-ho increased his stake through on-market purchases as Align Partners Asset Management pursues a tender offer, raising the largest shareholder group's combined stake to 30.33%.
Yonhap Infomax
Hanjin KAL Surges 15% Intraday—Short Covering Suspected
Hanjin KAL shares surged over 14% in Seoul trading amid no new disclosures, with analysts attributing the rally to short covering following heavy short positions.
Yonhap InfomaxMust Asset Management, holding a key stake in Refine, has denied greenmail allegations as the largest shareholder eyes a voluntary delisting, pledging not to seek a premium exit and signaling its strategy will focus on tender offers or dividends.
#YonhapInfomax #MustAssetManagement #Refine #Greenmail #VoluntaryDelisting #ShareholderStake #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=75334
Refine Faces 'Greenmail' Allegations—Must Asset Management Denies Any Such Intent
Must Asset Management, holding a key stake in Refine, denies greenmail allegations as voluntary delisting speculation intensifies; focus shifts to tender offer or dividends.
Yonhap Infomax
Samsung Electronics Invests 319.8 Billion Won in Samsung SDI Rights Offering - Stake to Reach 19.54%
Samsung Electronics invests 319.8 billion won in Samsung SDI's rights offering, maintaining a 19.54% stake despite market volatility and adjusting to lower issue prices.
Yonhap Infomax