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.

Spectris – KKR Clears Shareholder Hurdle; Arb Returns Now Timing-Dependent

KKR–Spectris: Major Reg Hurdles Cleared; Timing Drives 2.13% Gross Into Q1’26

Spectris Update: KKR’s Recommended Counter-Offer Displaces Advent

Spectris in Play: Advent Locks In, KKR Circles

Calibrating Value: Spectris in Advent’s Crosshair

Event-Driven

<ul>
<li>Advent raises its bid for Spectris to £40.72/share, including a 6.3% premium over KKR’s prior offer, intensifying the competitive landscape and prompting a renewed board recommendation.</li>
<li>Irrevocable undertakings and partial share acquisition reduce KKR’s strategic room, though the transaction remains under close investor scrutiny amid broader private equity competition for UK assets.</li>
<li>Despite minimal spread, the situation offers insight into pricing discipline, sponsor credibility, and evolving UK M&amp;A dynamics in a high-rate, FX-sensitive environment.</li>
</ul>


Advent raises its bid for Spectris to £40.72/share, including a 6.3% premium over KKR’s prior offer, intensifying the competitive landscape and prompting a renewed board recommendation.
Irrevocable undertakings and partial share acquisition reduce KKR’s strategic room, though the transaction remains under close investor scrutiny amid broader private equity competition for UK assets.
Despite minimal spread, the situation offers insight into pricing discipline, sponsor credibility, and evolving UK M&amp;A dynamics in a high-rate, FX-sensitive environment.


Spectris – Board Flips to Advent’s Raised Offer, KKR Cornered

Spectris PLC

Spectris – Board Flips to Advent’s Raised Offer, KKR Cornered