Anyone looking to acquire AWL for long term, may want to look at this arbitrage opportunity –
Swap ratio as of today is 5:46 for AWL:AFL
5 * 863 = 4,315 for AWL
46 * 83.5 = 3,841 for AFL
Arbitrage opportunity of ~11% at CMP if you buy AFL and hold till merger completion (might take ~1 year as per last concall) so strictly for long term holders.
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