The OIC Group

📢 OIC Weekly Newsletter: Stay updated with the latest updates of the primary market from last week! 🌐 Blackstone and Ares $1.43bn Private Credit Loan for Odevo: In a strategic move to bolster property management expansion, Blackstone and Ares Management provided a $1.43 billion private credit loan package to Odevo AB. This funding, structured in multiple currencies, aims to support Odevo’s international growth while managing currency risks effectively. 🌐 Honda Explores Merger with Nissan: Amid increasing pressure from Chinese EV giants like BYD, Honda and Nissan, Japan’s second- and third-largest automakers, are negotiating a merger to consolidate resources and address global challenges in the auto industry. The merger talks include Mitsubishi Motors and could result in a unified holding company to better tackle EV market demands. 🌐 Herbs Generation IPO Sees Record Demand: Herbs Generation Group’s IPO made waves, with retail shares oversubscribed over 6,000 times, making it the second-most oversubscribed IPO in Hong Kong’s history. Shares surged 10.4% on debut, raising HK$95.3 million to fuel expansion in marketing, talent acquisition, and its sales network. Tap below to explore the details! 👇

📣 Check out November's Monthly DCM Report edited by our Global Research Team! HKG Group 6 | IRB Infrastructure’s US$200mn Debt Issuance Associate: Harry Yeung Analysts: Scott Chan, Paul FANG, and Carmen Li 🌐 IRB Infrastructure’s Bond Offering: IRB Infrastructure Developers Limited has reopened a US$200mn debt issuance as part of a broader US$740mn package. The issuance aims to secure financing for infrastructure projects while optimizing cost and maintaining liquidity. 💼 Deal Rationale and Market Impact: This debt offering aligns with IRB's strategy of funding long-term toll and infrastructure projects under favorable terms. With government-backed initiatives and refinancing efforts lowering interest costs, the issuance supports IRB's expansion while strengthening its financial stability. 📈 Outlook and Implications: As India’s infrastructure sector experiences growth, IRB’s stable cash flows, reduced interest costs, and improved credit quality position it as a strong issuer. This bond issuance reinforces IRB’s ability to manage financial leverage while maintaining liquidity for future projects. Thank you to all the analysts for their insights, the associates for their leadership, and our readers for their continued support. Stay tuned for the January 2025 report!

📣 Check out November's Monthly M&A Report edited by our Global Research Team! HKG Group 5 | IBM’s US$6.4bn Acquisition of HashiCorp Associate: Zhanyuan CHEN Analysts: DAZHI TIANTIAN, Kate Chen, and Renee Ngan 🌐 IBM Acquires HashiCorp for $6.4 Billion: IBM has announced its acquisition of HashiCorp, a leader in infrastructure automation, to enhance its hybrid cloud and AI capabilities. The transaction involves a cash offer of $35 per share, with the deal set to close in Q4 2024. 💼 Deal Rationale and Market Impact: This acquisition aligns with IBM's strategic vision of strengthening its position in the $1.1 trillion hybrid cloud market. By integrating HashiCorp's Terraform and Vault platforms with Red Hat's OpenShift and Ansible, IBM aims to deliver seamless solutions for managing complex cloud environments. The deal creates significant cross-selling opportunities, leveraging HashiCorp’s 4,400 premium enterprise clients, including 85% of Fortune 500 companies. 📈 Outlook and Implications: While IBM faces challenges with HashiCorp’s recent profitability issues and market backlash over licensing changes, this acquisition reflects IBM’s commitment to innovation and market leadership. The deal is expected to enhance IBM’s cloud offerings and address the growing demands of generative AI and automation, setting the stage for long-term growth. Thank you to all the analysts for their contributions, the associates for their guidance, and our readers for their support. Please stay tuned for our upcoming reports in January 2025.

📣 Check out November's Monthly ECM Report edited by our Global Research Team! HKG Group 4 | Boeing's US$24.3bn Stock Offering Associate: Jason C. Analysts: Karson Shi, Richard Lo, and Nhu Quynh Do 🌐 Boeing’s $24.3 Billion Equity Raise: Amid financial challenges, Boeing has launched a landmark equity offering to preserve its investment-grade credit rating and stabilize its capital structure. This offering includes 112.5 million common shares and $5 billion in mandatory convertible preferred stock, marking a critical step in its financial recovery strategy. 💼 Deal Rationale and Market Impact: Boeing’s equity issuance aims to address its liquidity constraints, fund debt repayments, and restore investor confidence following significant operational disruptions, regulatory scrutiny, and a recent seven-week union strike. This move signals a renewed strategic focus on recovering aircraft production levels and maintaining market leadership. 📈 Outlook and Implications: As Boeing tackles capital structure risks and regulatory challenges, this equity issuance serves as a pivotal measure to mitigate financial pressures and lay the groundwork for long-term recovery. The deal underscores the broader importance of equity markets in addressing corporate financial instability. Thank you to all the analysts for their contributions, the associates for their guidance, and our readers for their support. Please stay tuned for our upcoming reports in January 2025.

【2024 OIC Taipei Primary Market Summit｜Full Speaker Lineup Announced】 ✨ The complete lineup is here — don’t miss out! The long-awaited speaker list is officially revealed! The 2024 OIC Taipei Primary Market Summit will bring together an exceptional lineup, offering a high-level forum on financial investment, market insights, and AI-driven opportunities. Whether you are new to the industry or an experienced financial expert, this event is tailored to provide you with inspiration and valuable takeaways! 🎯 Highlight Speakers Include: Top fund General Partners analyzing future directions in capital markets International finance experts dissecting the intersection of AI and finance challenges Industry leaders sharing successful digital transformation strategies Global market specialists offering insights on economic fluctuations and market trends 🔥 Innovative and top-notch speakers to help you stay ahead in future markets! 📍 Summit Details｜ ▪ Date: December 21, 2024 (Saturday) 12:00 PM - 5:50 PM ▪ Venue: Boya Lecture Hall, National Taiwan University ▪ Eligibility: Open to everyone! If you’re interested in the financial industry, this is an event you don’t want to miss! ▪ Registration Fees: ➢ Group Rate (5+ people): $550 / person ➢ Standard Rate: $650 / person (Deadline: 12/18, 11:59 PM) 🚀 Learn More & Register Now:  https://lnkd.in/gjn6XgrH 🔗 Complete Event Details:  https://lnkd.in/g2G_RucE Seize this opportunity to engage with the future! Join us as we embrace the boundless possibilities of the AI era. 💫 👇 Learn more about OIC Taipei｜ LinkedIn: https://lnkd.in/gD7xcy8G Website: https://www.group-oic.com/

📢 OIC Weekly Newsletter: Stay updated with the latest updates of the primary market from last week! 🌐 CVC Capital Partners $1.2 Billion Deal to Acquire CompuGroup Medical: On December 8, CVC Capital Partners Plc offered to privatize German healthcare software provider CompuGroup Medical SE & Co. KGaA at €1.18 billion valuation. Today the deal comes into an agreement to launch voluntary public tender offer for €22 per share, implying significant premium of 51.1% of 3-months VWAP and 33.5% to closing price as of December 6, 2024. 🌐 Northern Star Acquires De Grey in $3.26 Billion Deal to Secure Growth: In a bold move to secure its growth in the gold mining industry, Northern Star Resources has announced its acquisition of De Grey Mining in an all-stock deal valued at A$5 billion (US$3.26 billion). 🌐 Vishal Mega Mart Launches ₹8,000 Crore IPO, Targeting Value Retail Segment: Leading Indian retailer Vishal Mega Mart is set to launch its initial public offering (IPO) from December 11-13, 2024, aiming to raise ₹8,000 crore through a complete offer for sale. The company has set a price band of ₹74-78 per share, with a minimum lot size of 190 shares requiring an investment of ₹14,820. Tap below to dive into the details! 👇

📢 OIC Weekly Newsletter: Stay updated with the latest updates of the primary market from last week! 🌐 Japanese Chip Maker Kioxia Plans Tokyo Market Debut: Kioxia Holdings’ planned $744.1 million IPO in Tokyo underscores the Japanese chip maker’s drive to capitalize on surging demand for NAND flash memory in AI and data centers. 🌐 SoftBank Group Plans $1.5 Billion Investment in OpenAI: Through Vision Fund 2, SoftBank has initiated a tender offer to acquire $1.5 billion worth of OpenAI shares from current and former employees, building on its previous $500 million investment. This move aims to deepen ties with OpenAI and capitalize on opportunities in the growing AI sector. 🌐 Sony Looks to Expand to Anime, Gaming through the acquisition of Kadokawa:  Sony is reportedly exploring the acquisition of Japanese media company Kadokawa, known for owning game developer FromSoftware, creator of the hit game Elden Ring. Tap below to dive into the details! 👇

📢 OIC Weekly Newsletter: Stay updated with the latest updates of the primary market from last week! 🌐 Public Investment Fund (PIF) has signed a $1 billion joint investment fund agreement with the Hong Kong Monetary Authority (HKMA): Saudi Arabia’s sovereign wealth fund the Public Investment Fund, and the Hong Kong Monetary Authority (HKMA) signed an agreement to work towards jointly anchoring a new investment fund with a target size of US$1 billion 🌐 The inclusion of South Korean government bonds in the World Government Bond Index (WGBI): The National Pension Service (NPS), South Korea’s state-run pension fund, expects some US$56 billion inflow of foreign funds following Korea’s inclusion in the WGBI 🌐 SF Holding Prepares for HKEX IPO: China's largest express delivery company S.F. Holding, plans to raise up to HK$6.17 billion (US$792.71 million) in a Hong Kong listing, the latest sign of a revival in the city's capital markets Tap below to dive into the details! 👇

📣 Check out the OIC Deals Insights M&A report edited by Taipei Research Team! TPE Group 3 | UOB acquires Citigroup's Consumer Banking Business Advisor: Yuan Chiao Analysts: Yi-Chen Lin, Kai Hsiang Tu, Kelly Chen, and 李競展 🤝 UOB acquires Citigroup's Consumer Banking Business: UOB has completed the acquisition of Citigroup’s consumer banking businesses across four Southeast Asian countries—Indonesia, Malaysia, Thailand, and Vietnam. This strategic acquisition is part of UOB’s efforts to strengthen its retail banking presence in the region. 📈 Deal Rationale and Market Impact: UOB aims to enlarge its existing retail customer base in the four markets, capture more partnerships, and provide more cross-selling opportunities. This acquisition enables UOB to reach its ROE target ahead of 2026, and widening the gap with OCBC while inching closer to DBS. 💡 Long-Term Outlook and Synergies: As Group Retail, Unsecured Services and Group Wealth Management are the most profitable sectors, UOB acquired Citi’s consumer banking services, which focuses on the above three sectors. It is expected that UOB can increase its income up to 10%, depending on different countries. Thank you to all the analysts for their contributions, the associates for their guidance, and our readers for their support. Please stay tuned for our upcoming reports in November 2024.

📣 Check out the OIC Deals Insights M&A report edited by Taipei Research Team! TPE Group 2 | The Merger of Line and Z Holdings Advisor: Fu-Yun (Eugene) K. Analysts: Ricky Suwadi, Ryan Tang, Wen-Ju C., and Tze Chen Lin 🤝 Strategic Consolidation of Z Holdings and LINE: Z Holdings, a premier Japanese internet service provider with significant operations in e-commerce and digital advertising, joined forces with LINE, a top messaging platform with over 167 million users across Japan and Southeast Asia. This merger strategically positions the company to expand its e-commerce and digital media services significantly. 📈 Deal Rationale and Market Impact: The deal was aimed at forging a leading AI-driven technology company in Asia, combining Z Holdings’ extensive e-commerce and advertising capabilities with LINE’s vast user engagement platforms. Positive reactions by ZHD’s investor was represented by 81.51% upside during the merger period. 💡 Long-Term Outlook and Synergies: The merged entity is set to focus on integrated digital strategies across commerce, media, and fintech, utilizing AI and data analytics to fuel growth and efficiency. Z Holdings and LINE plan to optimize their operations and user experience by integrating various platforms to increase user engagement and streamline services which is expected to drive significant growth to become a powerhouse in Asia’s digital market landscape. Thank you to all the analysts for their contributions, the associates for their guidance, and our readers for their support. Please stay tuned for our upcoming reports in November 2024.