Arbitrage Spreads | Reuters.co.uk
September 5, 2016
The Offer Price per Share (OPPS) is the amount the acquirer offered for each share of the target company.
The Target Price is the latest trading price (delayed by at least 15 minutes) for the Target company’s shares.
The following table shows the arbitrage spreads for proposed mergers and acquisitions of global companies. If the offer terms include a stock component, the offer price per share will fluctuate based on the share price of the acquirer. Historically, the wider the spread, the more investors doubt a deal will close..
All Deal Value, Target Price, and OPPS figures are converted to U.S.
Arbitrage spreads measure the difference between the offered takeover price and the target company’s current trading price