Arbitrage Profit in Canadian Takeovers Pending Oct. 13
Oct. 13 (Bloomberg) --The following table shows the potential arbitrage profit in pending takeover bids for Canadian companies ranked by premium. Calculations are based on current share prices for the target and acquiring company and do not include future dividend payments or transaction costs. The offer per share is expressed in local currency.
Arbitrage profit is based on the difference between the per- share value of an offer and the target’s stock price. The table consists of takeovers valued at more than $20 million.
================================================================================ * -- In US dollars. SOURCE: Bloomberg
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