'Mega-deals' serve to vindicate excess money in the marketplace

Mergers and aqcuisitions

Merger arbitrage managers have seen increasing opportunities in the last six months and a number of larger 'mega deals' and hostile acquisitions.

However, merger arbitrage is yet to over-take the other main event-driven strategy, distressed investing, and is unlikely to return to the levels of 1999/2000.

According to Dorothy DeWitt, manager the GAM Multi-arbitrage Fund, while there is increasing deal flow, enthusiasm will be dampened by caution. "There were a lot of senseless and costly acqui

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: