In the world of merger arbitrage, some stocks are always on the watchlist MTR Corporation is one of them
The Hong Kong government has faced almost constant calls to buy back the 25% of the city’s mass transit railway operator that it sold in 1999
And those voices have only grown louder in recent weeks after MTR found itself at the centre of a scandal around construction flaws on parts of the city's most expensive rail project
For investors, this may present a fresh opportunity to build up a position in the stock in anticipation of a possible buyout
In what could be the worst crisis in the company’s history, MTR admitted providing...