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.

Aedifica / Cofinimmo — Remedy Package Clears Path, BCA Decision by January; Spread Tightens to 1.2 %

Aedifica/Cofinimmo: Belgian REITs in Stalemate Over Merger

Event-Driven

<ul>
<li>Revised 1.185x exchange ratio unlocks a negotiated, board-backed path to Europe’s largest healthcare REIT, addressing prior valuation pushback and aligning institutional holders.</li>
<li>EPS accretive by 15.6% in 2026, driven by €16m in synergies and stronger funding optionality; upside anchored by operational scale, not leverage.</li>
<li>Spread of ~1.9% (~5.1% annualized) reflects low interloper risk and deal certainty; attractive risk-reward for directional or hedged exposure near NTA.</li>
</ul>


Revised 1.185x exchange ratio unlocks a negotiated, board-backed path to Europe’s largest healthcare REIT, addressing prior valuation pushback and aligning institutional holders.
EPS accretive by 15.6% in 2026, driven by €16m in synergies and stronger funding optionality; upside anchored by operational scale, not leverage.
Spread of ~1.9% (~5.1% annualized) reflects low interloper risk and deal certainty; attractive risk-reward for directional or hedged exposure near NTA.


Aedifica/Cofinimmo: Revised Terms Cement Merger in European Healthcare REITs

Cofinimmo SA

Aedifica/Cofinimmo: Revised Terms Cement Merger in European Healthcare REITs