Corner of Berkshire & Fairfax Message Board

General Category => Investment Ideas => Topic started by: shalab on October 31, 2010, 01:26:16 PM

Title: CRXL - Crucell
Post by: shalab on October 31, 2010, 01:26:16 PM
JNJ buying out Crucell for 24.75 Euro. At current exchange rates, this comes to $34.40 and the arb spread is ~6%. There is a currency risk in this transaction.