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.

H.I.G./DX (Group): Recommended Offer with Possibility of Bump-Up

Event-Driven

<ul>
<li>On 9 January, the Scheme was approved at the Court Meeting, and the resolution to implement it was approved at the GM. Court sanction will take place on 25 January.</li>
<li>Settlement should take place by 12 February. Several risk arbs have been jumping on this deal, in spite of the low liquidity. </li>
<li>A done deal. Gross spread is 0.42%, while the annualised return is 8.81%. Reiterate BUY.</li>
</ul>


On 9 January, the Scheme was approved at the Court Meeting, and the resolution to implement it was approved at the GM. Court sanction will take place on 25 January.
Settlement should take place by 12 February. Several risk arbs have been jumping on this deal, in spite of the low liquidity. 
A done deal. Gross spread is 0.42%, while the annualised return is 8.81%. Reiterate BUY.


DX Group PLC

H.I.G./DX (Group): Spread