Radar > 239313

Azul Linhas Aéreas may sell a minority stake in the loyalty program Tudo Azul

A Azul Linhas Aéreas poderia vender uma participação minoritária no programa de fidelidade Tudo Azul

Intel ID : 239313
Synopsis

Azul Airlines, an air carrier headquartered in São Paulo, may sell a minority stake in the loyalty program Tudo Azul, reported Exame on 02 August, 2016.

The company has hired Bank of America Merrill Lynch and Deutsche Bank to seek for investment funds and companies interested, the report noted.
(content in portuguese)

A Azul Linhas Aéreas, companhia aérea com sede em São Paulo, poderia vender uma participação minoritária no programa de fidelidade Tudo Azul, segundo publicou a Exame no dia 02 de agosto de 2016.

Segundo a notícia, a empresa contratou Bank of America Merrill Lynch e Deutsche Bank para procurar fundos de investimento e empresas interessadas.

Bidder

Azul Linhas Aéreas
Brazil

Advisors

retained
retained

Intel ID 239313
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Azul Linhas Aéreas
(31 Dec 2019)
Revenue: EUR 580,33m
EBITDA: EUR 247,90m
Net Debt: EUR 400,88m
Exchange Rate:
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Tags

Bidder

Name
potential
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

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Description

Financial Advisory

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.