Radar > 235306

Brazilian Government could auction IRB-Brasil Resseguros

Governo Federal poderá leiloar a IRB-Brasil Resseguros

Intel ID : 235306
Synopsis

Brazilian Government could be considering the possibility of auctioning IRB-Brasil Resseguros, as published by newspaper Exame on 5 April 2016.

According to the news, the auction could take place to replace an initial proposal of an Initial Public Offering of shares.

The IPO of the largest insurance company in Brazil was scheduled for last year, but was suspended due to lack of good market conditions in the middle of an economic crisis (see related transaction). Now the government considers changing the modality.
(content in portuguese)

O Governo Federal brasileiro estaria estudando a viabilidade de fazer uma venda em leilão da IRB-Brasil Resseguros, segundo publicou a Exame no dia 5 de Abril de 2016.

Segundo a notícia, o leilão poderia acontecer em substituição à proposta inicial de realizar uma oferta pública de ações (IPO) na Bolsa.

A operação de abertura de capital da maior resseguradora do país estava prevista para ser realizada no ano passado, mas foi suspensa por falta de condições favoráveis do mercado em meio ao agravamento da crise econômica (ver transação relacionada). Agora, o governo avalia mudar a modelagem.

Intel ID 235306
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - IRB Brasil Resseguros
(31 Dec 2024)
Revenue: EUR 945,72m
Net Debt: EUR 73,39m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.02.07 Reinsurance
25 Financial Services / 25.02 Insurance

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Other Services (Primary)
Primary Sector (TTRSC)
50.01.02 Government Administration
50 Public Services & NGOs / 50.01 Government & Public Administration

Country
Description

Radar

Date Title Type Intel Grade Country Subsector  

Equity Capital Markets

Date Issuer/Buyer Type Country VALUE (EURm) 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.