Qualcomm - Alphawave: Closing the Loop on a Clean Trade
With the scheme sanctioned and effectiveness imminent, Alphawave offers no spread at 184.6p vs. FX-implied value of ~185.1p. Arbitrage is done —...
160 Views
Liquid Universe of European Ordinary and Preferred Shares: December'25 Report
December added technical noise, not thesis risk: median spreads were unchanged, convergence paused but intact, marginal voting premia erode, and...
184 Views
Ferrovial: Nasdaq-100 Inclusion Confirmed – From Probability to Outcome
Ferrovial’s Nasdaq-100 inclusion is confirmed for Dec 22, validating its U.S.-centric strategy and likely triggering ~$315m passive inflows, with...
339 Views
Naturgy Float Surges to 25.8% – Index Weight and Passive Flows Set to Rise
Naturgy completes BlackRock divestment, lifting float to 25.8% and ADTV to €37M. Index eligibility secured, passive flows on track. 7.3%–7.8%...
320 Views
Anglo Teck — Votes Landed, Focus Turns to ICA
Approvals secured; attention turns to Canada’s review and competition clearances. We keep a hedged stance and watch regulatory pacing and portfolio...
227 Views