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.

Event-Driven

<ul>
<li>€4 bn divestiture cuts Kering’s net debt to ~2× EBITDA, marking a decisive deleveraging under new CEO Luca de Meo.</li>
<li>Balance-Sheet reset buys time for Gucci’s creative relaunch; early fashion-week feedback encouraging.</li>
<li>We see moderate upside to €333–€350/share if execution sustains cost control and brand momentum.</li>
</ul>


€4 bn divestiture cuts Kering’s net debt to ~2× EBITDA, marking a decisive deleveraging under new CEO Luca de Meo.
Balance-Sheet reset buys time for Gucci’s creative relaunch; early fashion-week feedback encouraging.
We see moderate upside to €333–€350/share if execution sustains cost control and brand momentum.


Kering – Beauty Sale to L’Oréal: Deleveraging Catalyst in a Strategic Reset