| 03.09.2019 Merger Arbitrage strategy looks attractive, given strong diversification patterns |
| Laxman Pai, Opalesque Asia: M&A patterns are showing healthy dynamics and a healthy number of hostile deals (usually riskier but more profitable) tend to concentrate on smaller targets, said Lyxor in its weekly brief. Jumbo deals are increasingly funded by stock and cash combinations, also favorable for arbitrageurs. At 30% on average, deal premiums are attractive, yet not so high as to jeo |