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.

Anglo–Teck: Building a Copper Champion with Coal Cash Flow

Copper Convergence — Anglo–Teck’s Path to Scale and Value

Anglo American Rejects BHP's Increased and Final Offer

Event-Driven

<ul>
<li>De Beers sale shows competitive tension: Endiama bid vs Botswana match rights; potential $2.5–4bn proceeds improve Anglo’s simplification and special-dividend optics.</li>
<li>Votes: circular early/mid-Nov; same-day early-Dec. Teck-B 66⅔% remains higher-beta; interloper low pre-vote, very low post-vote.</li>
<li>Spread: AAL 2,832p; TECK C$58.50; GBPCAD 1.86685 → implied TECK C$70.32; ~16.7% discount (~20.1% upside). Trade: long TECK(B)/short 1.3301× AAL, fully FX-hedged.</li>
</ul>


De Beers sale shows competitive tension: Endiama bid vs Botswana match rights; potential $2.5–4bn proceeds improve Anglo’s simplification and special-dividend optics.
Votes: circular early/mid-Nov; same-day early-Dec. Teck-B 66⅔% remains higher-beta; interloper low pre-vote, very low post-vote.
Spread: AAL 2,832p; TECK C$58.50; GBPCAD 1.86685 → implied TECK C$70.32; ~16.7% discount (~20.1% upside). Trade: long TECK(B)/short 1.3301× AAL, fully FX-hedged.


Copper Convergence — Votes & De Beers in Focus