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.

Triton/Caverion: Offer Declared Unconditional

Acceptance Period for Triton's Offer Commences, Irrevocables for Bain's Cease to Be in Effect

Event-Driven

<ul>
<li>Crayfish/Triton's purchase price is the highest and now officially preferred by <a href="https://www.smartkarma.com/entities/caverion-corp" target="_blank" data-smartkarma-citation="entities:21753:1" rel="noopener">Caverion Corp (CAV1V FH)</a>'s Board of directors. The offer period for both offers expires on 17 May.</li>
<li>Caverion's board advisors believe the offer will be finalized between October and February. Shares trade above Bain's alternative consideration (lower chance to succeed) and Triton has already secured 29.9%.</li>
<li>Spread to Triton's offer is 4%/7.9% (gross, annualised assuming settlement by  30 November), however the free float has been massively reduced, hence the liquidity too.</li>
</ul>


Crayfish/Triton's purchase price is the highest and now officially preferred by Caverion Corp (CAV1V FH)'s Board of directors. The offer period for both offers expires on 17 May.
Caverion's board advisors believe the offer will be finalized between October and February. Shares trade above Bain's alternative consideration (lower chance to succeed) and Triton has already secured 29.9%.
Spread to Triton's offer is 4%/7.9% (gross, annualised assuming settlement by  30 November), however the free float has been massively reduced, hence the liquidity too.


Caverion Corp

Triton/Caverion: Drawing to a Close