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.

République Française/​​EDF: Squeeze-Out

Quiddity Leaderboard STOXX Europe Mar 23: 5 ADDs/DELs and Potential Downweights for EDF and VTWR

Quiddity Leaderboard for DAX Mar 23: Linde DEL Triggers US$2.7bn Reverse Funding Flows

République Française/EDF: Possible Offer for Minorities

CNP Assurances: Potential Minorities Buyout

Event-Driven

<ul>
<li>The listing of EDF's shares is resumed with the announcement of a minorities buyout offer at €12/share, a 53% premium to the undisturbed share price.</li>
<li>It is a generous offer that also aims to avoid the outcry of EDF's employees (c. 1% stake). Interloper risk is nil. Delisting is expected by the end of October.</li>
<li>
<strong>Gross spread is 2.13%</strong> which could lead to an interesting c. 8% estimated annual return if settlement takes place by the end of October. <strong>Long and tender</strong>.</li>
</ul>


The listing of EDF's shares is resumed with the announcement of a minorities buyout offer at €12/share, a 53% premium to the undisturbed share price.
It is a generous offer that also aims to avoid the outcry of EDF's employees (c. 1% stake). Interloper risk is nil. Delisting is expected by the end of October.

Gross spread is 2.13% which could lead to an interesting c. 8% estimated annual return if settlement takes place by the end of October. Long and tender.


République Française/​EDF: 53% Premium

Electricite De France Sa

République Française/EDF: 53% Premium

Electricite De France Sa

République Française/​EDF: 53% Premium

République Française/EDF: 53% Premium