Allianz, Caravela e Apollo Global Management may have submitted offer for 48% of Açoreana Seguros
Allianz, Caravela e Apollo Global Management teria entregado propostas pelos 48% da Açoreana Seguros
Intel ID : 232850
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Germany-based Allianz (FWB: ALV), Portuguese insurance company Caravela, and US-based Apollo Global Management may have submitted offers to acquire a 48% stake in Açoreana Seguros, as published by newspaper Económico on 12 January 2016. The seller is Oitante, a Portugal-based vehicle created to group non-performing assets held by Banif, among others. (see related intel) According to the news, initially there were six candidates, but now only three submitted binding offers. The remaining 52% of the capital, would be retained by Rentipar, a company held by Horácio Roque heirs, Banif's founder.
(content in portuguese)
A empresa de seguros alemã Allianz (FWB: ALV), a seguradora portuguesa Caravela e a private equity norte-americana Apollo Global Management teria entregado propostas pelos 48% da Açoreana Seguros, segundo publicou o Económico em 12 de janeiro de 2016. A vendedora dos 48% da Açoreana Seguros é a Oitante, veículo público português criado para albergar os activos problemáticos do Banif entre eles. (ver Intel relacionado). De acordo com a notícia, inicialmente existiam seis manifestações de interesse, mas apenas três se converteram em propostas vinculativas. O restante da empresa, 52% do capital social, estaria nas mãos da Rentipar, a holding dos herdeiros de Horácio Roque, o fundador do Banif. |
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25.04.03 Holding Companies / Financial Holding Companies 25 Financial Services / 25.04 Other Financial Services |
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25.02.05 Multiline Insurance Providers 25 Financial Services / 25.02 Insurance |
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25.01.09 Private Equity 25 Financial Services / 25.01 Banking & Investment |
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25.02.05 Multiline Insurance Providers 25 Financial Services / 25.02 Insurance |
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25.02.04 Life & Health Insurance 25 Financial Services / 25.02 Insurance |
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25.02.06 Property & Casualty Insurance 25 Financial Services / 25.02 Insurance |
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25.01.05 Corporate, Sovereign & Trade Finance 25 Financial Services / 25.01 Banking & Investment |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.