Radar > 244875

Atlantia analyzing bid for 51% of Red de Carreteras de Occidente (RCO)

Atlantia analiza ofertar por un 51% de Red de Carreteras de Occidente (RCO)

Intel ID : 244875
Synopsis

Atlantia (BIt:ATL), a Rome, Italy-based highway construction and operation company, is said to be analyzing making a bid to acquire 51% of Mexico City-based Red de Carreteras de Occidente (RCO), reported Reuters Latin America on 1 February 2017, citing three sources with knowledge of the matter.

According to the report, Atlantia would be planning to submit a bid along with several Mexican partners to acquire 51% of RCO, a concession holder of several highways in Mexico, from Goldman Sachs (NYSE:GS).

If the bid prospers, Atlantia would spend up to EUR 650m in its part of the acquisition, the report stated.
(content in spanish)

Atlantia (BIt:ATL), empresa dedicada a la construcción y gestión de autopistas con sede en Roma, Italia, estaría analizando realizar una oferta para adquirir un 51% de la empresa mexicana Red de Carreteras de Occidente (RCO), ha publicado Reuters América Latina el 1 de febrero de 2017, citando a tres fuentes con conocimiento del tema.

Según lo publicado, Atlantia estaría planeando presentar una oferta junto a varios socios mexicanos para adquirir un 51% de RCO, concesionaria de diversas autopistas de México, a Goldman Sachs (NYSE:GS).

Si la oferta prospera, Atlantia gastaría hasta EUR 650m por su parte de la adquisición, de acuerdo con la información.

Intel ID 244875
Value EUR 650,00m (Approx.)
Native Currency Euro (EUR)
Financial Data - Red de Carreteras de Occidente (RCO)
(31 Dec 2012)
Revenue: EUR 312,96m
EBITDA: EUR 242,41m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
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Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Infrastructure / Roads and Highways (Primary)
Primary Sector (TTRSC)
35.09.05 Toll Bridges, Roads & Highways
35 Industrials / 35.09 Transport Infrastructure

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Infrastructure / Roads and Highways (Primary)
Primary Sector (TTRSC)
35.09.05 Toll Bridges, Roads & Highways
35 Industrials / 35.09 Transport Infrastructure

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.08 Investment Banking & Brokerage Services
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

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.