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.

EP Group/IDS (Royal Mail): Politically Sensitive

EP Group/International Distribution Services: Agreed Offer

International Distributions Services PLC (Royal Mail) - PUSU extended, Board happy with 370p

Event-Driven

International Distributions Services / Event-Driven

International Distributions Services (IDS LN)

<ul>
<li>Approval and Safeguards: The UK government approved EP Group's £5.3 billion acquisition of IDS, with legally binding commitments to retain Royal Mail's headquarters, tax residence, and universal service obligations.</li>
<li>IDS faces declining mail volumes, delivery fines, and the need for operational reforms; EP Group aims to revitalize the company leveraging expertise in energy and logistics sectors.</li>
<li>A done deal, in my view. The acquisition is expected to close in Q1 2025.</li>
</ul>


Approval and Safeguards: The UK government approved EP Group's £5.3 billion acquisition of IDS, with legally binding commitments to retain Royal Mail's headquarters, tax residence, and universal service obligations.
IDS faces declining mail volumes, delivery fines, and the need for operational reforms; EP Group aims to revitalize the company leveraging expertise in energy and logistics sectors.
A done deal, in my view. The acquisition is expected to close in Q1 2025.


International Distributions Services

Green Light from British Government