Chain Bridge Research

Chain Bridge Research publishes three independent research services producing investment recommendations in global mergers and acquisitions, capital structure arbitrage, and other areas of event-driven and special situation investing. Krisztian Szentessy, with over 14 years of experience in equity markets, leads the analyst team. He is joined by four other dedicated analysts.

Three distinct services cover M&A in the Americas, Europe and Asia-Pacific regions. All announced deals for which the market capitalization of the target is greater than $500 million are covered in detail, except in exceptional cases where liquidity is too thin to justify coverage. This includes coverage of all announced transactions as well as potential follow-on bids. Certain deals below this $500 million threshold may also be covered if liquidity is sufficient. Comprehensive reports examining pre-announced situations will also be published. The research analysts are fluent in a range of languages, and have developed expertise in regulation, competition and takeover regulation across global markets. Our internal expertise is supplemented by contact with lawyers and regulators in the individual markets.

On individual deals our analysis will provide an initial report typically published the day of announcement, providing a detailed description of the deal. Analysis of each deal includes an evaluation of regulatory issues, competition and takeover regulations, and political risks. The rationale for each deal is examined, and comprehensive valuation work is provided where appropriate. Follow up reports that actively monitor ongoing deals and provide clients with updates to our initial view. Additional expertise is provided through contact with lawyers and regulators in the individual markets. In addition, the analyst team produces regular updates on the progress of deals.

Daily Notes are published every morning, and provide headlines of developments in existing deals and new situations. "Best Ideas, Discounts, Estimated Returns & Calendar" is a bi-weekly publication that provides a timetable of historic and forward looking dates, current discounts, estimated settlement dates and estimated annualized returns for each deal under coverage.  This publication also includes our highest conviction trading ideas.

Clients have access to a secure website containing a searchable and downloadable archive of reports and unlimited contact with the analyst team.  Clients have direct telephone access to the analyst team. Frequent contact with the team adds significant value and is strongly encouraged. Analysts spend significant time discussing pertinent aspects of deals currently under coverage with the client base. If requested, the team will also examine transactions below its minimum market capitalization criterion.

Visit chainbridgeresearch.com for more information.

Americas Merger Report

The service provides detailed analysis and insight on every announced merger and acquisition in North and South America greater than US$500 million in value. Within 24 hours after announcement of a new deal, a comprehensive initiation report will be published, followed by subsequent reports as additional analysis is performed.

sample research

May 12, 2016
Krispy Kreme Doughnuts
Apr 25, 2016
Rite Aid / Walgreens
Apr 15, 2016
Medivation
Jan 19, 2016
EMC Corp / Dell

European Merger Report

The service provides detailed analysis and insight on every announced merger and acquisition in Europe greater than US$500 million in value. Within 24 hours after announcement of a new deal, a comprehensive initiation report will be published, followed by subsequent reports as additional analysis is performed.

sample research

Mar 27, 2015
Rexam / Ball Corp - CanTech Conference Barcelona
Dec 23, 2014
New Britain Palm Oil / Sime Darby
Oct 14, 2014
Flughafen Wien / IFM Investors

Asia Pacific Merger Report

The service provides detailed analysis and insight on every announced merger and acquisition in the Asia-Pacific region greater than US$500 million in value. Within 24 hours after announcement of a new deal, a comprehensive initiation report will be published, followed by subsequent reports as additional analysis is performed.

sample research

Sep 12, 2014
Wotif.com / Expedia Inc