InsideArbitrage Potential Deal Alert: GasLog offers to buy GasLog Partners for $7.70 per unit in cash

  • January 25, 2023

POTENTIAL DEAL DETAILS

StockGasLog Partners LPSymbolGLOP
Date Announced01/25/2023Source Press Release
TypeUnsolicited BidAcquiring Company/Person GasLog Ltd.
Date of Confirmation: 04/06/2023Price at Confirmation: $8.30
Potential Profit: 3.11%Annualized Profit: 15.97%

GasLog made an unsolicited non-binding proposal to acquire GasLog Partners (GLOP) for $7.70 per unit in cash, consisting in part of a special distribution of $2.33 per unit in cash.

 

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