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.

Brookfield/Befimmo: Recommended (Cheap) Cash Offer

Brookfield/​Alstria Office REIT: Additional Acceptance Period

Brookfield/Alstria Office REIT: Agreed Takeover Offer

Event-Driven

<ul>
<li>Brookfield now controls 84.94% (including treasury shares), which means that REIT status will be lost. Brookfield thus will seek to reopen acceptance periods until reaching 95% (squeeze out threshold in Belgium).</li>
<li>Bidco reopened the acceptance period on 29 August, with closing on 16 September, and settlement on 7 October. Gross spread is 0.21%, with an estimated annual return of 2.07%.</li>
<li>Shareholders should tender, liquidity has been greatly reduced and the REIT tax advantages will disappear sooner rather than later.</li>
</ul>


Brookfield now controls 84.94% (including treasury shares), which means that REIT status will be lost. Brookfield thus will seek to reopen acceptance periods until reaching 95% (squeeze out threshold in Belgium).
Bidco reopened the acceptance period on 29 August, with closing on 16 September, and settlement on 7 October. Gross spread is 0.21%, with an estimated annual return of 2.07%.
Shareholders should tender, liquidity has been greatly reduced and the REIT tax advantages will disappear sooner rather than later.


Brookfield/​Befimmo: Additional Acceptance Period

Befimmo SA

Brookfield/Befimmo: Additional Acceptance Period

Befimmo SA

Brookfield/​Befimmo: Additional Acceptance Period

Brookfield/Befimmo: Additional Acceptance Period