Radar > 244822

Amper to close subsidiaries in Argentina and Brazil

Amper cerrará sus filiales de Argentina y Brasil

Intel ID : 244822
Synopsis

Amper (BME:AMP), a Spain-based telecommunications solutions provider, will close its subsidiaries in Argentina and Brazil during 1H17, reported Europa Press on 30 January 2017, citing information provided by the company to the Comisión Nacional del Mercado de Valores (CNMV).

The company's goal is to focus on the growth of profitable businesses, such as its access and security business in Spain, or on selective growth in Latin America. As a result, it will close loss-making operations in Argentina and Brazil.

The company retained unidentified advisors in Brazil and Argentina to determine the value of the assets and liabilities of these subsidiaries and is currently studying the methodology to be used in the valuation process.
(content in spanish)

Amper (BME:AMP), empresa española de soluciones en telecomunicaciones, liquidará sus sociedades en Argentina y Brasil durante el primer semestre de 2017, según ha informado Europa Press el 30 de enero de 2017, citando información complementaria ofrecida por la compañía a requerimiento de la Comisión Nacional del Mercado de Valores (CNMV).

El objetivo de la compañía es centrarse en el crecimiento de los negocios rentables, como su negocio de acceso y seguridad en España, o en un crecimiento selectivo en Latinoamérica. Por este motivo, cerrará las operaciones deficitarias en Argentina y Brasil.

La empresa ha contratado asesores en Brasil y Argentina para determinar el valor de los activos y pasivos de dichas filiales y actualmente estudian la metodología que se utilizará en el proceso de valoración.

Seller


Intel ID 244822
Value ND
Native Currency Euro (EUR)
Financial Data - Grupo Amper
(31 Dec 2023)
Revenue: EUR 369,25m
EBITDA: EUR 10,74m
Net Debt: EUR 81,86m
People: 3316
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Seller

Name
verified
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Industry / Aerospace and Aeronautical
Technology and Telecoms / Technology
Primary Sector (TTRSC)
60.02.02 Satellite Communications Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

Secondary Sectors (TTRSC)
35.01.99 Other Aerospace & Defense
35 Industrials / 35.01 Aerospace & Defense

40.02.99 Other Industry-Specific Software
40 Information Technology / 40.02 Industry-Specific Software

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Description

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verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect 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.