Mergers and Acquisitions

Managing trading & investments Corporate action
21

Sorted - followed the “You receive shares only in new company
– Use Merge this holding” instructions - thanks team

22

Seconded!

23

A bit behind the ball here. But how do I handle the DDH1 / Perenti merger/acquisition in Sharesight?

24

Received this excellent advice that solved my problem from the ShareSight customer support team:

To record this, you have to use the merge feature to convert your JPS shares to JPC shares at the ratio of 1 JPS : 0.989 JPC. Record date would be 03 November 2023.
Let me know if you need any further support on this.

25

Hi, Can you please explain how to handle the following merger within sharesight?

AUY.NYS (Yamana Gold) has been merged (Takeover) with the following details.

For each share:
Cash = $1.0406 (USD) Paid by AEM.NYS (Agnico Eagle)
Share = 0.0376 shares of AEM.NYS (Agnico Eagle)
Share = 0.1598 shares of PAAS.NYS (Pan American Silver)

I still own the AEM.NYS and PAAS.NYS

I couldn’t find any examples that match the above.

Thanks for your help

1 Like
26

Hi, please explain how to handle the XOM and PXD merger.

27

Hi @jan.blyme_shares, according to the announcement "Exxon Mobil Corporation (NYSE: XOM) and Pioneer Natural Resources (NYSE: PXD) jointly announced a definitive agreement for ExxonMobil to acquire Pioneer. The merger is an all-stock transaction valued at $59.5 billion, or $253 per share, based on ExxonMobil’s closing price on October 5, 2023. Under the terms of the agreement, Pioneer shareholders will receive 2.3234 shares of ExxonMobil for each Pioneer share at closing. "

Assuming cost base rollover is allowed (please read the merger details), you just need to use the ‘merge function’ in PXD to convert it to XOM and enter the quantity you received.

28

How do I handle the takeover of ASX:BLD by ASX:SVW. I am eligible for partial scrip-for-scrip CGT rollover as ASX:SVW has acquired 80+% of ASX:BLD. Note it is a partial scrip-for-scrip rollover because I received cash of $1.70 per share plus shares in ASX:SVW.

Thanks.

1 Like
29

Hello. Could you help me with the delisting of DCN and the issuing of GMD shares. Thanks

30

Hi, Can you please advise how best to handle the TAST Acquisition (cash) from 16May24. Thanks

31

Hi @user13 sorry about the delayed response.

You have to add a return of capital entry for Boral at $$1.44 per share and use the merge feature to convert Boral to SVW at the ratio 1 Boral : 0.1116 SVW Shares.

You also have to add a dividend for Boral at $0.26 per share. Record date for the transaction is 18 April 2024.

Please get in touch with our support if you need any further support on this.

32

Hi @Frank sorry about the delayed response.

You have to use the merge feature to transfer your DCN shares to GMD at the ratio 1 DCN : 0.1935 GMD Shares.
Record date for the transaction is 17 November 2023.

Please get in touch with our support if you need any further support on this.

33

Hi @Rugby could you please share more details about this corporate action with us? It will be great if you can share any published links with details.

34

Hi,

I think these links cover it.

https://www.rbi.com/English/news/news-details/2024/Burger-King-Company-Completes-Acquisition-of-Carrols-Restaurant-Group/default.aspx

https://www.streetinsider.com/Corporate+News/Restaurant+Brands+%28QSR%29+to+Acquire+Carrols+Restaurant+Group+%28TAST%29+for+%249.55+Per+Share/22631915.html

Thanks