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.

Sidara/Wood: Energy Engineering in Limbo, Value Beckons Amid Governance Fog

Carved in Wood: Sidara’s Firm Offer, but Fragile Conditions

Sidara - Wood Group – Audit, Amend, and Exit

Event-Driven

<ul>
<li>Two gates cleared: Borrowing-limit and FY24 audit milestones complete; Sidara’s 30 p bid now hinges solely on A&amp;E execution by 31 Dec 2025.</li>
<li>Market discount persists: At 22 p, shares imply 30–35 % failure probability; downside largely priced, upside to 30 p offers 36 % absolute return.</li>
<li>Event-Driven focus: Binary risk now procedural, not strategic—spread likely to tighten toward high-20s once A&amp;E documentation confirmed.</li>
</ul>


Two gates cleared: Borrowing-limit and FY24 audit milestones complete; Sidara’s 30 p bid now hinges solely on A&amp;E execution by 31 Dec 2025.
Market discount persists: At 22 p, shares imply 30–35 % failure probability; downside largely priced, upside to 30 p offers 36 % absolute return.
Event-Driven focus: Binary risk now procedural, not strategic—spread likely to tighten toward high-20s once A&amp;E documentation confirmed.


Sidara / Wood Group – Audit Cleared, One Gate to Close

John Wood

Sidara / Wood Group – Audit Cleared, One Gate to Close