Core Viewpoint - SIS International (00529) has announced the acquisition of 1,329,100 shares of Gestetner of Ceylon Plc, representing 50.01% of its issued shares, for a total cash consideration of 321 million Sri Lankan Rupees (approximately 8.349 million HKD) [1] Group 1 - The acquisition involves a total of 1,328,700 shares, which accounts for 49.99% of Gestetner's issued and paid-up ordinary shares, with a maximum total consideration of approximately 319 million Sri Lankan Rupees (around 8.2824 million HKD) [2] - The acquisition represents an expansion of the group's distribution business in a country with emerging opportunities, and Gestetner will become a non-wholly owned subsidiary of the company following the acquisition [2]

Core Viewpoint - SIS INT'L has announced the acquisition of 1,329,100 shares of Gestetner of Ceylon Plc, representing 50.01% of its issued shares, for a total cash consideration of 321 million Sri Lankan Rupees (approximately 8.349 million HKD) [1] Group 1: Acquisition Details - The acquisition involves a total of 1,329,100 shares at a price of 239.75 Sri Lankan Rupees per share, including transaction costs of 2.4593 million Sri Lankan Rupees (approximately 63,900 HKD) [1] - Following the acquisition, Gestetner will become a non-wholly owned subsidiary of SIS INT'L [2] Group 2: Mandatory Offer - A mandatory offer will be made to the remaining shareholders of Gestetner for 1,328,700 shares, representing 49.99% of the issued and paid-up ordinary shares, at the same price of 239.75 Sri Lankan Rupees per share [2] - The total maximum consideration for the mandatory offer is approximately 319 million Sri Lankan Rupees (around 8.2824 million HKD) plus transaction costs [2] - The initial acceptance period for the mandatory offer is up to 14 trading days, which may be extended according to the rules and regulations of the Colombo Stock Exchange [2] Group 3: Strategic Implications - The acquisition represents an expansion of the group's distribution business in a country with emerging opportunities [2]

Core Viewpoint - Evergrande Property has resumed trading with a significant increase in stock price following the announcement of potential share sales by its controlling shareholder, China Evergrande Group, and the liquidator of CEG Holdings [2][3] Group 1: Company Developments - On September 11, Evergrande Property announced that the liquidator is actively seeking buyers for shares held by China Evergrande and CEG Holdings, with trading resuming on September 12 [2] - The liquidator has signed confidentiality agreements with interested parties and received non-binding indicative offers as of September 9, although formal negotiations have not yet begun [2] - The liquidator plans to invite selected interested parties to submit final acquisition proposals by November 2025 [2] Group 2: Financial Performance - For the first half of 2025, Evergrande Property reported revenue of 6.647 billion yuan, a year-on-year increase of 6.9%, and a net profit of 491 million yuan, with a net profit margin of 7.4% [3] - As of June 30, the total managed area reached 596 million square meters, an increase of 41 million square meters compared to the same period last year [3] - Despite operational adjustments to reduce liquidity pressure, the company remains in a net current liability position, indicating ongoing cash flow challenges [3]

Core Viewpoint - Paramount Skydance Corp. is reportedly preparing a potential all-cash bid for Warner Bros. Discovery, Inc., which could arrive as soon as next week, leading to significant stock price movements for both companies [1][2][4]. Group 1: Potential Bid Details - Warner Bros. Discovery has not yet received a formal proposal, but sources indicate an offer could be imminent [2]. - The bid from Paramount Skydance would require purchasing Warner Bros. Discovery outright before its planned split of global television business from studios and streaming operations, expected by April 2026 [3]. Group 2: Market Reaction - Following the news of the potential takeover, Warner Bros. Discovery's stock surged over 28%, closing at $16.15, marking its largest single-day gain ever [4]. - Paramount Skydance's shares also increased by approximately 15% in response to the news [4]. Group 3: Strategic Implications - A merger would combine significant assets from both companies, with Paramount Skydance owning CBS, Nickelodeon, MTV, BET, and Paramount+, while Warner Bros. Discovery controls CNN, TNT, HBO, HBO Max, and Warner Bros. studios [5]. - Both companies hold major sports rights, including NFL, MLB, and college sports, positioning the combined entity as a major entertainment powerhouse [6]. Group 4: Background on Paramount Skydance - Paramount Skydance was formed through an $8 billion merger finalized in August, backed by RedBird Capital Partners and led by CEO David Ellison [6].

Group 1: CureVac N.V. Acquisition - CureVac will be acquired by BioNTech SE, with each CureVac share exchanged for approximately $5.46 in BioNTech ADSs, leading to an implied aggregate equity value of about $1.25 billion [2] - Upon completion of the transaction, CureVac shareholders are expected to own between 4% and 6% of BioNTech [2] - The investigation focuses on whether the CureVac Board breached its fiduciary duties by failing to conduct a fair process and whether the consideration provides fair value to shareholders [2] Group 2: Know Labs, Inc. Acquisition - Know Labs will be acquired by Goldeneye 1995 LLC, with the purchase price determined by dividing the sum of 1,000 Bitcoin and a cash amount for debt retirement and working capital by the per share price of $0.335 [4] - The investigation examines whether the Know Labs Board breached its fiduciary duties by not conducting a fair process and whether the deal offers fair value to shareholders [4] Group 3: Volato Group, Inc. Merger - Volato Group will merge with M2i Global, with M2i Global expected to own approximately 90% of the total shares of Volato post-merger [6] - The investigation is centered on whether the Volato Group Board breached its fiduciary duties by failing to conduct a fair process and the potential dilution of shareholders in the combined company [6] Group 4: Heliogen, Inc. Acquisition - Heliogen will be acquired by Zeo Energy Corp, with securityholders receiving shares valued at approximately $10 million based on a price of $1.5859 per share, subject to adjustments based on net cash at closing [8] - The investigation looks into whether the Heliogen Board breached its fiduciary duties by not conducting a fair process and whether the consideration provides fair value to shareholders [8]

Group 1 - Grab Holdings plans to issue $1.25 billion in convertible bonds, raising speculation about a potential acquisition of competitor GoTo Group, a major player in Southeast Asia's delivery and transportation sector [1] - GoTo's stock price rose by 6.6% on the Jakarta stock exchange following Grab's announcement, indicating market optimism regarding a possible merger [1] - Despite Grab's separate statement denying current acquisition negotiations with GoTo, the bond issuance has sparked positive sentiment about the merger prospects between the two dominant ride-hailing and food delivery companies in the region [1] Group 2 - The convertible bonds will have a coupon rate of 0% to 0.5% per annum, with a conversion premium of approximately 35% to 40% over Grab's closing price on Tuesday [1] - Grab also plans to repurchase some of its shares, with $274 million remaining in its buyback program as of the end of March, which may help investors hedge their positions [2] - Analysts express mixed views on the transaction, with some suggesting it may attract convertible bond traders, while others question the rationale behind increasing capital costs without a strategic acquisition [2]