IVRCL & IVRCL A&H merger – An arbitrage opportunity off
Dear Readers, If you remember, we got some easy 12-14% return (in just 2-3 months) in the de-merger Risk arbitrage opportunity of Piramal Life and Piramal Healthcare (Search Piramal in the search box for details). Now, do we have a similar arbitrage opportunity in the case of the proposed merger scheme of IVRCL Ltd and IVRCL Assets & Holdings Ltd.? Let’s find out Disclaimer: The below article is based on some initial research done at our end. This should not…