29.03.2012 Opalesque Exclusive: French asset manager Laffitte to seize the index arbitrage opportunity
By Benedicte Gravrand, Opalesque Geneva:

Merger arbitrage, as far as investment strategies go, is easy to understand.

"There is a deal announced, you buy the stocks with a discount, and if everything goes well, you get the premium," sums up David Lefant, partner in charge of business development at Laffitte Capital Management, a Paris-based asset management company.

Lenfan

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