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.

Event-Driven

<ul>
<li>During the acceptance period, 73.53% of the shares were tendered or committed, below the 80% minimum acceptance threshold that allows to sideline the holdouts (Moneta and others are seeking €70/share).</li>
<li>Tomorrow, 8 June, would be the last day for the offer to be declared unconditional. The minimum acceptance condition has to be waived (with prior written approval from the Boards).</li>
<li>The share price has rebounded by c.11% over the last three trading sessions. Gross spread is 1.7%. 27 June would be the last day of a hypothetical post-tender acceptance period.</li>
</ul>


During the acceptance period, 73.53% of the shares were tendered or committed, below the 80% minimum acceptance threshold that allows to sideline the holdouts (Moneta and others are seeking €70/share).
Tomorrow, 8 June, would be the last day for the offer to be declared unconditional. The minimum acceptance condition has to be waived (with prior written approval from the Boards).
The share price has rebounded by c.11% over the last three trading sessions. Gross spread is 1.7%. 27 June would be the last day of a hypothetical post-tender acceptance period.


Accell Group

KKR/Accell NV: What Next?