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

Grupo Catalana Occidente Sa / Event-Driven

<ul>
<li>Inocsa offers €50 per share for GCO, representing an 18.3% premium, aiming to consolidate control and delist the company from the Spanish stock exchange if thresholds are met.</li>
<li>GCO reported €623 million in FY 2024 net income, with strong solvency (242%) and leading positions in traditional and credit insurance across Spain and over 50 international markets.</li>
<li>With a fair value near €50.68/share and solid fundamentals, minority shareholders receive a full but not generous offer, lacking a typical control premium often seen in similar takeovers.</li>
</ul>


Inocsa offers €50 per share for GCO, representing an 18.3% premium, aiming to consolidate control and delist the company from the Spanish stock exchange if thresholds are met.
GCO reported €623 million in FY 2024 net income, with strong solvency (242%) and leading positions in traditional and credit insurance across Spain and over 50 international markets.
With a fair value near €50.68/share and solid fundamentals, minority shareholders receive a full but not generous offer, lacking a typical control premium often seen in similar takeovers.


Policy Shift: Inocsa Makes a Premium Move on Catalana Occidente