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.

I Squared & TDR/Applus: Counteroffer at €11.0

I Squared & TDR Win the Long Battle for Applus at the Final Auction

Event-Driven

<ul>
<li>The CNMV has approved a takeover bid by I Squared and TDR to delist the Spanish vehicle inspection company from the stock market at €12.78/share.</li>
<li>I Squared and TDR Capital have disclosed their intention to promote a special dividend payout of €512 million, or €3.97 per share, should the delisting proceed successfully.</li>
<li>While accepting the offer is probably the wisest course of action for minority shareholders, the lack of agreement with Apollo presents barriers to achieving a streamlined delisting and subsequent merger.</li>
</ul>


The CNMV has approved a takeover bid by I Squared and TDR to delist the Spanish vehicle inspection company from the stock market at €12.78/share.
I Squared and TDR Capital have disclosed their intention to promote a special dividend payout of €512 million, or €3.97 per share, should the delisting proceed successfully.
While accepting the offer is probably the wisest course of action for minority shareholders, the lack of agreement with Apollo presents barriers to achieving a streamlined delisting and subsequent merger.


Inside the Ongoing Struggle for Control of Applus: Strategic Moves and Stakeholder Impacts

Applus Services SA

Inside the Ongoing Struggle for Control of Applus: Strategic Moves and Stakeholder Impacts