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.

Selected European Holdcos and DLCs: November Report

BHP's DLC Unwinding, Following Brambles' Trail

Selected European Holdcos and DLCs: October Report

Selected European Holdcos and DLCs: September Report

Event-Driven

<ul>
<li>The shareholder prospectus and circular were published on 8 December. Shareholders will vote on 20 January 2022. Unification is expected to complete by 31 January 2022.</li>
<li>The benefits for Plc shareholders are evident. Ltd shareholders should reap the rewards in the longer term. BHP US trades at 1.4% premium vs. BBL US. </li>
<li>The spread is expected to tighten further. The most convenient way to play it is though the Adr: Long BBL US, short BHP US.</li>
</ul>


The shareholder prospectus and circular were published on 8 December. Shareholders will vote on 20 January 2022. Unification is expected to complete by 31 January 2022.
The benefits for Plc shareholders are evident. Ltd shareholders should reap the rewards in the longer term. BHP US trades at 1.4% premium vs. BBL US. 
The spread is expected to tighten further. The most convenient way to play it is though the Adr: Long BBL US, short BHP US.


BHP Group Ltd

BHP's DLC Unification: Update and Spread