Vitesco Technologies Group: An Attractive Arbitrage Opportunity


Source: seekingalpha.com seekingalpha.com

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UniqueMotionGraphics Thesis Vitesco Technologies Group (OTCPK:VTSCY) is an attractive risk arbitrage situation where investors could be co-investing with David Einhorn for free. Within a year, investors could enjoy an asymmetric 63% upside versus a 32% downside - a potentially lucrative event-driven bet. Moreover, in the event of a deal break, I believe investors have a large margin of safety to fall back on, due to Vitesco's severe undervaluation and quality growth prospects. Therefore, I recommend investors to capture “heads I win, tails I don’t lose much” dynamics by going LONG Vitesco shares at ~€92. Back Story At the May 2023...