Investment Action
Dell Inc and EMC Corp announced on 30 August 2016 that they had been given the regulatory approval from China’s Ministry of Commerce for their merger. In the largest technology merger in history, Dell would acquire EMC for a total of USD 63.4 bn in cash and stock. The merger is to finalize on 7th September 2016.
Key Points:
For more information regarding the tracking stock, refer to EMC’s FAQ – http://www.emc.com/collateral/corporation/dell-emc-class-v-common-stock-faq.pdf
Ho Kang Wei graduated with a Bachelor of Commerce, majoring in Accounting and Finance, from Monash University.
He started analysing and investing in US equity markets since 2008. Joining Phillip Securities Research in 2015, he is the analyst in charge of US markets.