Bankia could be finalizing sale of stake in Metrovacesa
Bankia podría estar ultimando la venta de su participación en Metrovacesa
Intel ID : 220480
Synopsis |
Bankia could be finalizing the sale of a 19.07% stake in Spain-based Metrovacesa. Specifically, the bank could sell these assets at the end of November beginning of December 2014, for approximately EUR 80m. Credit Suisse has a mandate to sell, and the buyers could be foreign funds interested in entering the Spanish real estate sector.
(content in spanish)
Bankia podría estar ultimando la venta del 19,07% que mantiene en la sociedad española Metrovacesa. En concreto, podría desprenderse de la entidad a finales de noviembre o principios de diciembre de 2014 por un importe aproximado de EUR 80m. El mandato de venta lo tiene Credit Suisse, y los compradores podrían ser fondos extranjeros interesados en entrar en el sector inmobiliario español. |
Intel ID | 220480 | ||
Value | EUR 80,00m (Approx.) | ||
Native Currency | Euro (EUR) | ||
Financial Data - Metrovacesa
(31 Dec 2015) |
Revenue: EUR 167,69m EBITDA: EUR 31,34m Net Debt: EUR 7.594,28m |
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Target
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Primary Sector (TTRSC) |
25.03.03 Real Estate Services 25 Financial Services / 25.03 Real Estate |
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Primary Sector (TTRSC) |
25.01.99 Other Banking & Investment 25 Financial Services / 25.01 Banking & Investment |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
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.