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.

UnitedHealth/​EMIS: Estimated Calendar, Spread

UnitedHealth/EMIS: Agreed Offer, Estimated Calendar, Spread

Event-Driven

<ul>
<li>The CMA provisionally found that the acquisition of <a href="https://www.smartkarma.com/entities/emis-group-plc" target="_blank" data-smartkarma-citation="entities:21918:1" rel="noopener">EMIS Group PLC (EMIS LN)</a> may not result in a substantial lessening of competition. Final decision to be published on 5 October.</li>
<li>The Court sanctioning could take place on 16 October. The scheme would become effective on 17 October. Assuming settlement by 31 October, spread is 0.99%/4.81% (gross/annualised).</li>
<li>Assuming a break of 1,292p, the market is pricing a 97% probability of deal completion (vs. 6% by 15 June).</li>
</ul>


The CMA provisionally found that the acquisition of EMIS Group PLC (EMIS LN) may not result in a substantial lessening of competition. Final decision to be published on 5 October.
The Court sanctioning could take place on 16 October. The scheme would become effective on 17 October. Assuming settlement by 31 October, spread is 0.99%/4.81% (gross/annualised).
Assuming a break of 1,292p, the market is pricing a 97% probability of deal completion (vs. 6% by 15 June).


UnitedHealth/​​EMIS: Provisional Clearance, Estimated Timeline

EMIS Group PLC

UnitedHealth/​​EMIS: Provisional Clearance, Estimated Timeline

UnitedHealth/EMIS: Provisional Clearance, Estimated Timeline