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.

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Event-Driven

Greenvolt-Energias Renovaveis / Event-Driven

<ul>
<li>Core shareholders holding 60.86% accepted KKR's €8.30/share offer, triggering a mandatory tender for minorities. Greenvolt's revised offer price (€8.3107/share) represented a 95.5% IPO premium, but faced critiques for modest value. </li>
<li>By October 25, KKR held 97.64% of Greenvolt’s share capital, surpassing the 90% threshold for a squeeze-out and delisting.</li>
<li>The delisting is expected by late 2024 or early 2025, following squeeze-out completion. Minority shareholders will be compelled to sell, receiving €8.3107/share. <strong>Gross spread is 0.8%. Long.</strong>
</li>
</ul>


Core shareholders holding 60.86% accepted KKR's €8.30/share offer, triggering a mandatory tender for minorities. Greenvolt's revised offer price (€8.3107/share) represented a 95.5% IPO premium, but faced critiques for modest value. 
By October 25, KKR held 97.64% of Greenvolt’s share capital, surpassing the 90% threshold for a squeeze-out and delisting.
The delisting is expected by late 2024 or early 2025, following squeeze-out completion. Minority shareholders will be compelled to sell, receiving €8.3107/share. Gross spread is 0.8%. Long.



Greenvolt-Energias Renovaveis

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