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.

Steel Resolve: Nippon's Deal Gains Traction Amid Regulatory Reforging

Nippon Steel/US Steel: Appealing Expected Value

Nippon Steel/US Steel: Deal Blocked but Offering Robust Standalone Value

Potential Consequences of the U.S. Presidential Election on North America M&A

Event-Driven

<ul>
<li>Trump’s endorsement removes the political overhang, reigniting momentum for Nippon Steel’s $55/share all-cash offer.</li>
<li>Implied EV/EBITDA of 8.94x reflects ~$2–3B in strategic synergies over standalone valuation.</li>
<li>11.59% annualized return offers attractive arbitrage upside with manageable regulatory and execution risk.</li>
</ul>


Trump’s endorsement removes the political overhang, reigniting momentum for Nippon Steel’s $55/share all-cash offer.
Implied EV/EBITDA of 8.94x reflects ~$2–3B in strategic synergies over standalone valuation.
11.59% annualized return offers attractive arbitrage upside with manageable regulatory and execution risk.


Forged in Politics: Nippon’s $55 Bid for X Heats Up Again

United States Steel

Forged in Politics: Nippon’s $55 Bid for X Heats Up Again