In staples retail the biggest gap can be seen between US primus Wal-Mart and British troubled Tesco. I think the percentage gap is currently that much attractive I would recommend the convergence trade..
Comment:
GAP 28 % TO BE AT LEAST HALVED WITHIN 3- 4 MONTHS. By long time horizont 6-8 months possible rebalancing . Ideal case scenario take over bid...
Comment:
CUURRENT GAP 19 % !!!