European Event-Driven Analyst

Jesus Rodriguez Aguilar

Jesús is an Insight Provider (Event-driven) on the Smartkarma network, where he looks across sectors at opportunities arising from securities mispricing (both credit and equity), share classes, bid announcements, prospective bids, and special situations. He has served as Economic and Business Advisor at the Spanish Congress in Madrid. Prior to that, he has worked in the City of London: as a Credit Analyst at Bloomberg; Event-driven associate at former boutique European Research; and doubled as Special Situations and Equity-linked VP (convertible bonds) at Merrill Lynch. Jesús has an MBA from the London Business School, a BA (Hons.) degree in Economics from the Complutense University in Madrid, and a BA (Hons.) in Law from U.N.E.D., also in Madrid.

Enhanced Regulatory Scrutiny of M&A in the EU

BBVA Files Hostile Offer: Conditions, Defences and Probabilities

BBVA/Sabadell: Deal Uncertainty Grows After Sabadell's Results

BBVA/Sabadell: Adjustment of Exchange Equation

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Event-Driven

<ul>
<li>The European Commission has until November 26 to approve or object to BBVA’s acquisition of Sabadell. If no objections are raised, the deal will be automatically approved via "tacit consent."</li>
<li>BBVA has obtained approvals from the European Central Bank, UK, US, and other competition authorities. However, the takeover still awaits authorization from Spain's National Commission on Markets and Competition (CNMC).</li>
<li>Gross spread is +3.3%. The likelihood of BBVA succeeding without a price increase (higher proportion of BBVA shares in the equation) remains questionable.</li>
</ul>


The European Commission has until November 26 to approve or object to BBVA’s acquisition of Sabadell. If no objections are raised, the deal will be automatically approved via "tacit consent."
BBVA has obtained approvals from the European Central Bank, UK, US, and other competition authorities. However, the takeover still awaits authorization from Spain's National Commission on Markets and Competition (CNMC).
Gross spread is +3.3%. The likelihood of BBVA succeeding without a price increase (higher proportion of BBVA shares in the equation) remains questionable.


BBVA/Sabadell: Update on Conditions, Positive Gross Spread

Banco De Sabadell SA

BBVA/Sabadell: Update on Conditions, Positive Gross Spread