VIG Partners has secured over 95% of voting rights in Viol, surpassing the threshold for voluntary delisting and enabling the private equity firm to proceed without a share swap, as Viol’s market cap stands at approximately $560 million.
#YonhapInfomax #VIGPartners #Viol #VoluntaryDelisting #VotingRights #MarketCapitalization #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=75436Must 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.
Must Asset Management has raised its stake in real estate due diligence firm Refine to nearly 10%, complicating plans for a voluntary delisting by the largest shareholder and intensifying shareholder activism amid governance controversy.
#YonhapInfomax #MustAssetManagement #Refine #ShareholderActivism #VoluntaryDelisting #StakeIncrease #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=74545
Must Asset Management Further Increases Stake in Refine—Approaching 10%
Must Asset Management has raised its stake in real estate due diligence firm Refine to nearly 10%, complicating plans for a voluntary delisting by the largest shareholder and intensifying shareholder activism amid governance controversy.
Refine Co., a leading South Korean proptech firm, is considering a voluntary delisting after new owners Stonebridge Capital and LS Securities move to acquire minority shares via tender offer, with the buyout price expected near IPO levels and a focus on increasing majority control through exchangeable bonds.
#YonhapInfomax #Refine #TenderOffer #VoluntaryDelisting #ExchangeableBonds #StonebridgeCapital #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=68806
Voluntary Delistings Expected to Rise—Opportunities Seen in Firms with High Treasury Share Ratios
Voluntary delistings are set to rise in South Korea as regulatory scrutiny on treasury shares intensifies, with investment opportunities emerging in firms holding high treasury share ratios.
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