Merger Arbitrage: Opportunity in Regulatory Complexity
Is merger arbitrage entering one of its most attractive periods since the Global Financial Crisis?
In our latest white paper, Merger Arbitrage: Opportunity in Regulatory Complexity, we discuss our viewpoint that merger arbitrage is entering an especially attractive period because global M&A activity is rebounding while regulatory review has become increasingly complex and fragmented. We believe that regulatory complexity creates a "complexity premium" in merger arbitrage spreads, particularly for large transactions, offering attractive risk-adjusted returns for investors capable of conducting deep research and underwriting global processes.
