Returning to Chat With Merchants podcast, Luke Cummings—CIO of Harvest Lane Asset Administration—particulars his funds’ core technique of buying and selling mergers and acquisitions…
Step-by-step, Luke explains his strategies of assessing a takeover bid when it first hits the market, initiating a place, monitoring information stream, and finally, reserving a revenue/loss when the change of management takes place (or the deal falls by means of!)
Matters & Timestamps:
Please be aware: Actual instances will range relying on present advertisements.
- 01:55 – Assessing Takeover Bulletins
- 06:50 – Binding vs Non-Binding
- 14:40 – Main Shareholders
- 24:15 – Following the Story
- 30:55 – Bid Value (Premium)
- 38:45 – Deal Phrases
- 48:20 – Initiating a Place (Entry)
- 52:40 – Value Drift
- 1:01:35 – Key Milestones
- 1:05:00 – Company Legislation
- 1:10:30 – Reserving a Revenue/Loss (Exit)
- 1:14:00 – Bidding Wars
Luke Cummings: Chief Funding Officer, Harvest Lane Asset Administration.