Radar > 221793

AquaChile and Invermar denied resuming negotiations

AquaChile e Invermar niegan que hayan retomado las negociaciones

Intel ID : 221793
Synopsis

Different market sources provoked rumors that escalated value Invermar's shares, a Chile-based salmon producer, may have been caused by a possible sale agreement with AquaChile. However, both companies denied having resumed negotiations, which indicated that AquaChile would acquired a control stake in Invermar. This took place the day before extraordinary shareholders' meeting scheduled for 16 January 2015.

In October 2014, AquaChile announced its intention to acquire a stake in Invermar, but later, in December of that year, AquaChile withdrew its offer after negotiation period expired.
(content in spanish)

Diferentes fuentes del mercado provocaron con rumores que las acciones de la salmonera chilena Invermar se dispararan por posible acuerdo de venta con AquaChile. Sin embargo, ambas compañías han desmentido a través de comunicados una vuelta a las negociaciones, donde AquaChile compraría un porcentaje de control de Invermar. Esto ha sucedido a las vísperas de la junta extraordinaria de accionistas que se tendrá lugar el 16 de enero de 2015.

AquaChile anunció en octubre de 2014 su intención de comprar un porcentaje de Invermar, pero a finales de diciembre de ese mismo año, AquaChile desistió de su ofrecimiento tras vencer el plazo establecido para el proceso de negociación.

Bidder

Target

Seller

Private Shareholders I verified

Intel ID 221793
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Invermar
(31 Dec 2013)
Revenue: -
EBITDA: -
Net Debt: -
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Natural Resources / Agriculture, Agribusiness, Farming and Fishing (Primary)
Primary Sector (TTRSC)
55.01.02 Aquaculture
55 Raw Materials & Natural Resources / 55.01 Agriculture, Fishing & Hunting

Secondary Sectors (TTRSC)
55.01.03 Commercial Fishing
55 Raw Materials & Natural Resources / 55.01 Agriculture, Fishing & Hunting

Country
Website
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Natural Resources / Agriculture, Agribusiness, Farming and Fishing (Primary)
Primary Sector (TTRSC)
55.01.03 Commercial Fishing
55 Raw Materials & Natural Resources / 55.01 Agriculture, Fishing & Hunting

Country
Website
Description

Seller

Name
verified

Legend:

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.