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.

Quiddity Leaderboard SE600 Mar 24: 12 Changes Possible in the Next Few Days

BPER–Sondrio: 3.9% Spread with Optionality on Reopening

Quiddity Leaderboard DAX/MDAX Mar 24: M&A Candidates Morphosys and Vitesco Could Face Index Flows

Event-Driven

Banca Popolare Di Sondrio Scar / Event-Driven

<ul>
<li>BPER reopened its offer for Sondrio (21-25 Jul)y, presenting a 2.5% gross spread with settlement due by July 31 — a rare, time-sensitive arbitrage setup for short-term traders.</li>
<li>With 58.15% already secured, additional tenders could push BPER near the 66.7% threshold required for a merger, bypassing the need for a 95% squeeze-out.</li>
<li>The accelerated 5-day window signals strategic pressure on hesitant holders, while the offer’s confirmed execution and annualized IRR over 200% provide attractive asymmetry.</li>
</ul>


BPER reopened its offer for Sondrio (21-25 Jul)y, presenting a 2.5% gross spread with settlement due by July 31 — a rare, time-sensitive arbitrage setup for short-term traders.
With 58.15% already secured, additional tenders could push BPER near the 66.7% threshold required for a merger, bypassing the need for a 95% squeeze-out.
The accelerated 5-day window signals strategic pressure on hesitant holders, while the offer’s confirmed execution and annualized IRR over 200% provide attractive asymmetry.


BPER–Sondrio Reopens: Short-Duration Arbitrage with Strategic Angle