Radar > 240920

Auction of Doe Run Perú's assets attracts six bidders

Subasta de activos de Doe Run Perú atrae a seis postores

Intel ID : 240920
Synopsis

The auction of assets of Doe Run Perú, a Lima-based metallurgy and mining company, is said to have attracted six bidders, among which China-based companies stand out, reported El Comercio on 29 August 2016.

According to the report, the six bidders are consortium Eetac, comprised of China-based Wuhan Greenovo Biotechnology and UK-based ZincOx Resources; Peru-based Southern Peaks and Stellar Mining; Vietnam-based Global Resource Solutions; Chile-based private equity firm Capital Partners; and China Nonferrous Metal, which separated from the Eetac consortium (see related intel).

The China-based companies would be the ones with higher chances of winning the auction and the ones that have shown the greater interest, noted former Doe Run Legal Manager Pierre Defago.
(content in spanish)

La subasta de activos de Doe Run Perú, empresa minera y metalúrgica con sede en Lima, habría atraído a seis postores, entre los que se destacan empresas chinas, ha publicado El Comercio el 29 de agosto de 2016.

Según lo publicado, los seis postores serían el consorcio Eetac, compuesto por la empresa china Wuhan Greenovo Biotechnology y la británica ZincOx Resources; las peruanas Southern Peaks y Stellar Mining; la vietnamita Global Resource Solutions; la firma de private equity chilena Capital Partners; y China Nonferrous Metal, que se ha escindido del consorcio Eetac (ver intel relacionado).

Las empresas chinas serían las que tienen más posibilidades de ganar la subasta y las que han mostrado mayor interés, ha señalado Pierre Defago, ex gerente legal de Doe Run.

Intel ID 240920
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

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

Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Natural Resources / Mining (Primary)
Primary Sector (TTRSC)
55.05.08 Specialty Metals & Minerals
55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources

Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Natural Resources / Mining (Primary)
Primary Sector (TTRSC)
55.05.02 Copper & Cobalt Mining & Refining
55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources

Secondary Sectors (TTRSC)
55.05.08 Specialty Metals & Minerals
55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources

Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Natural Resources / Mining (Primary)
Country
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Biotechnology (Primary)
Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Natural Resources / Mining (Primary)
Country
Website
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Industry / Steel, Metallurgy and Industrial Production (Primary)
Natural Resources / Mining
Primary Sector (TTRSC)
55.05.02 Copper & Cobalt Mining & Refining
55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources

Country
Website
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Public Services (Primary)
Primary Sector (TTRSC)
50.01.01 Executive & Legislative Offices/Bodies
50 Public Services & NGOs / 50.01 Government & Public Administration

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

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.