Radar > 241044

Avianca Brasil plans to sell up to 20% of its capital by USD 150m

Avianca Brasil pretende vender até 20% do seu capital por USD 150m

Intel ID : 241044
Synopsis

Avianca Brasil, airline based in São Paulo, is seeking international partners for conducting, in the long term, a merger with Avianca Holding (BVC: AVT; NYSE: AVH), a Panamanian holding of airlines Avianca and Taca (see related intel), intends to sell to its partner up to 20% of its capital by USD 150m, reported Exame on 27 September 2016, citing sources whose names were not disclosed.

The company retained UBS bank as financial advisor. The agreement would give the winner bidder access to the new fleet of Avianca Brasil, 41 Airbus, with a primary focus on business trips, the report noted.
(content in portuguese)

A Avianca Brasil, companhia aérea com sede em São Paulo, que está buscando sócios internacionais com o objetivo no longo prazo de realizar uma fusão com a Avianca Holding (BVC:AVT; NYSE:AVH), holding panamenha das companhias aéreas Avianca e Taca (ver intel relacionado), pretende vender ao sócio até 20% do seu capital por USD 150m, segundo publicou a Exame em 27 de setembro de 2016, citando fontes cujos nomes não foram divulgados.

De acordo com a notícia, a empresa teria contratado o banco UBS como assessor financeiro. O acordo daria ao ofertante vencedor acesso à nova frota da Avianca Brasil, de 41 aeronaves Airbus, com foco principal em viagens de negócios.

Target

Avianca Brasil
Brazil

Advisors

prospect

Intel ID 241044
Value EUR 133,69m
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Avianca Brasil
(31 Dec 2010)
Revenue: -
Net Debt: -
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Transport, Aviation and Logistics (Primary)
Primary Sector (TTRSC)
35.10.02 Aviation
35 Industrials / 35.10 Transportation & Logistics

Secondary Sectors (TTRSC)
10.01.03 Distributors & Wholesalers (B2B)
10 Business Services / 10.01 Business & Professional Support Services

10.01.99 Other Business & Professional Support Services
10 Business Services / 10.01 Business & Professional Support Services

10.02.03 Outdoor Advertising
10 Business Services / 10.02 Marketing & Advertising

15.06.99 Other Education & Training Services
15 Consumer Products & Services / 15.06 Education & Training Services

25.04.99 Other Financial Services
25 Financial Services / 25.04 Other Financial Services

35.01.01 Aerospace Components
35 Industrials / 35.01 Aerospace & Defense

35.09.01 Aerodromes & Airports
35 Industrials / 35.09 Transport Infrastructure

35.10.01 Air Freight & Logistics
35 Industrials / 35.10 Transportation & Logistics

Country
Website
Description

Financial Advisory

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.