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HDFC, HDFC Bank's $173 Billion Merger Creates a 'Lucrative' Arbitrage Trade.
In: Bloomberg.com, 2023-06-27, S. N.PAG
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(Bloomberg) -- Fund managers in India have been jumping into a "lucrative" arbitrage trade ahead of a mega-merger that will see the nation's largest private sector lender HDFC Bank Ltd. absorb its parent Housing Development Finance Corp. Once the deal is complete, HDFC shareholders will get 42 shares of HDFC Bank for 25 shares held, based on the share-swap ratio announced in April last year. HDFC, HDFC Bank's $173 Billion Merger Creates a "Lucrative" Arbitrage Trade. [Extracted from the article]
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HDFC, HDFC Bank's $173 Billion Merger Creates a 'Lucrative' Arbitrage Trade.
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Autor/in / Beteiligte Person: | Chakraborty, Chiranjivi |
Zeitschrift: | Bloomberg.com, 2023-06-27, S. N.PAG |
Veröffentlichung: | 2023 |
Medientyp: | serialPeriodical |
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