Radar > 241403

Brookfield desists from sale of Isolux transmission assets in Brazil

Brookfield no logra acuerdo para adquisición de líneas de transmisión de Isolux en Brasil

Intel ID : 241403
Synopsis

Brookfield Asset Management (TSX:BAM.A, NYSE:BAM, Euronext Amsterdam:BAMA), a Toronto, Canada-based investment fund, is said to have failed to reach an economic agreement with Spain-based Isolux Corsán for the acquisition of its transmission lines in Brazil, reported Expansión on 5 October 2016.

According to the report, Isolux, engaged in the construction, environment, concessions, energy, and industrial services sectors, may be considering withdrawing the transmission lines from the market following the difficulties encountered to reach an agreement with Brookfield, with which it has been negotiating since June (see related intel).
(content in spanish)

Brookfield Asset Management (TSX:BAM.A, NYSE:BAM, Euronext Amsterdam:BAMA), fondo de inversión con sede en Toronto, Canadá, no habría logrado un acuerdo económico con la española Isolux Corsán para la adquisición de sus líneas de transmisión en Brasil, ha publicado Expansión el 5 de octubre de 2016.

Según lo publicado, Isolux, empresa de los sectores de construcción, medio ambiente, concesiones, energía y servicios industriales, estaría considerando retirar las líneas de transmisión del mercado tras las dificultades para lograr un acuerdo con Brookfield, con el que está en negociaciones exclusivas desde junio (ver intel relacionado).

Bidder

Seller


Intel ID 241403
Value ND
Native Currency Euro (EUR)
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)
25.01.01 Asset Management
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Real Estate and Construction / Construction (Materials and Machinery) (Primary)
Infrastructure / Roads and Highways
Energy and Renewable Energies / Solar
Primary Sector (TTRSC)
35.03.03 Construction & Engineering (Non Residential)
35 Industrials / 35.03 Construction & Engineering

Secondary Sectors (TTRSC)
20.04.07 Renewable Energy Equipment
20 Energy & Utilities / 20.04 Renewable Energy

35.03.05 Homebuilders (Residential)
35 Industrials / 35.03 Construction & Engineering

35.09.05 Toll Bridges, Roads & Highways
35 Industrials / 35.09 Transport Infrastructure

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.