@mouse333 @stockmet I see this going down exactly like $PGRU. Same people same mentality. They have to innovate to make it fun to be on their side. Make it a social media platform where users can interact with each other. Put an LLM ai to suggest people what products to buy based on their query. For example
USER: “I need life insurance for $1M”
AI: here are your options that offer the best coverage:
A)term - price
B) whole - price
There are other options that are cheaper but are missing this and this:
Term- price
Whole - price
And make it fun like,
But we hope you never use it. Life is fun!
$PGRU | CCCS Runs A Ruler Over EQT's Offer For PropertyGuru (NYSE:PGRU)
"After shareholders approved the merger, PGRU expected the deal to close in 4Q24/1Q25, subject to "regulatory approvals". Regulatory approvals" were not cited. But one of them is Singapore's CCC." - David Blennerhassett (Quiddity Advisors)
Read more: https://www.smartkarma.com/insights/cccs-runs-a-ruler-over-eqt-s-offer-for-propertyguru-nyse-pgru
$PGRU | CCCS Runs A Ruler Over EQT's Offer For PropertyGuru (NYSE:PGRU)
"After shareholders approved the merger, PGRU expected the deal to close in 4Q24/1Q25, subject to "regulatory approvals". Regulatory approvals" were not cited. But one of them is Singapore's CCC." - David Blennerhassett (Quiddity Advisors)
Read more: https://www.smartkarma.com/insights/cccs-runs-a-ruler-over-eqt-s-offer-for-propertyguru-nyse-pgru
$PGRU PropertyGuru announces shareholders' approval of merger pact
PropertyGuru Group Limited announced that at an extraordinary general meeting of shareholders held today, the shareholders of PropertyGuru voted in favor of the proposal to, among other things, approve and authorize (i) the previously announced Agreement and Plan of Merger, dated as of August 16, 2024, by and among PropertyGuru, Hedychium Group Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands, and Hedychium Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands and a wholly owned subsidiary of Parent, and the consummation of the transactions contemplated by the Merger Agreement, upon the terms and subject to the conditions set forth therein and (ii) the Plan of Merger made in accordance with Part XVI of the Companies Act of the Cayman Islands.
Pursuant to and subject to the terms and conditions of the Merger Agreement and Plan of Merger, Merger Sub will, at the effective time, merge with and into PropertyGuru, with PropertyGuru continuing as the surviving company and as a wholly owned subsidiary of Parent.
$PGRU PropertyGuru reports Q2 EPS (S$0.10) vs. (S$0.04) last year
Reports Q2 revenue S$40.68M vs. S$36.88M last year. Adjusted EBITDA grew to S$7M in Q2, up 48% from S$5M in the second quarter of 2023.
$PGRU | EQT's Offer For PropertyGuru (NYSE:PGRU): As Clean As It Gets
"Currently trading (expectedly) tight at a gross/annualised spread of 2.3%/6.4%. If clean, illiquid arbs are your bent, get involved here, or any pullback." - David Blennerhassett (Quiddity Advisors)
Key Points:
* Listed on the 18th March 2022 at US$8.33/share, Singaporean-based online real estate portal PropertyGuru (PGRU US) has now announced a US$6.70/share cash Offer from Sweden's EQT AB.
* That backs out a premium to undisturbed of 52%. Media speculation of a takeover for the TPG/KKR-backed PropertyGuru first surfaced around the 21st May this year.
* TPG and KKR, collectively holding ~56.1%, are supportive. REA Group Ltd (REA AU), holding 17.2%, is also on board. The key Offer condition is two-thirds of shareholders approving terms.
Read more: https://www.smartkarma.com/insights/eqt-s-offer-for-propertyguru-nyse-pgru-as-clean-as-it-gets
$PGRU | PropertyGuru (PGRU US): EQT’s US$6.70 Offer Is A Done Deal
"This is a clean deal; the vote is done, and there are no dissenting conditions or country antitrust approvals. At the last close and for end-of-year payment, the gross/annualised spread is 2.3%/6.4%." - Arun George (Global Equity Research Ltd)
Key Points:
* PropertyGuru (PGRU US) entered into a definitive merger agreement with EQT (EQT SS) at US$6.70 per share, a 51.9% premium to the undisturbed price of US$4.41 (21 May).
* The shareholder vote is done (two-thirds voting threshold) due to TPG Inc (TPG US)/KKR & Co (KKR US)’s support and drag-along rights relating to REA Group Ltd (REA AU)’s shares.
* This is a clean deal as there is no dissenting condition or requirement for country antitrust approvals. At the last close and for end-of-year payment, the gross/annualised spread is 2.3%/6.4%.
Read more: https://www.smartkarma.com/insights/propertyguru-pgru-us-eqt-s-us-6-70-offer-is-a-done-deal
$PGRU: Swedish investment firm EQT AB will acquire PropertyGuru in an all-cash deal, valuing the Singapore-based online real estate platform at $1.1 billion, the companies said.
Source: Morning News Call by Reuters.
$PGRU: PropertyGuru Group Ltd will be acquired by Swedish investment firm EQT AB in an all-cash deal valued at $1.1 billion. PropertyGuru's shareholders will receive $6.70 per share, a 7% premium to its last close on Thursday. The deal represents a 52% premium to PropertyGuru's last close on May 21. EQT Private Capital Asia, the Swedish firm's Asia-focused buyout fund, will handle the acquisition. PropertyGuru went public in 2022.
Source: Morning News Call by Reuters.
$PGRU PropertyGuru Enters into Definitive Merger Agreement to be Acquired by EQT Private Capital Asia for USD 1.1 Billion
https://www.stocktitan.net/news/PGRU/property-guru-enters-into-definitive-merger-agreement-to-be-acquired-n8dr9w5zjt1s.html
