Radar > 239443

Businessman Roberto Medina plans to buy back 40% of Rock In Rio

Empresário Roberto Medina pretende readquirir 40% do Rock In Rio

Intel ID : 239443
Synopsis

Businessman Roberto Medina plans to buy back 40% of Rock in Rio, sold in 2014 by IMX, a leisure and sports joint venture of Grupo EBX and IMG Worldwide (see related transaction), reported Veja on 07 August, 2016.

The businessman plans to buy back a stake sold to the US-based SFX Entertainment, that was declared bankrupt, the report noted.
(content in portuguese)

O empresário Roberto Medina pretende readquirir 40% do Rock In Rio vendido em 2014 por meio da IMX, joint venture de esportes e entretenimento do Grupo EBX e da IMG Worldwide (ver transação relacionada), segundo publicou a Veja em 7 de agosto de 2016.

De acordo com a publicação, o empresário pretende recomprar a participação vendida para a norte-americana SFX Entertainment que entrou em falência.

Bidder

Private Shareholders I potential

Target

Seller


Intel ID 239443
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Rock In Rio
(31 Dec 2024)
Revenue: EUR 150,49m
EBITDA: EUR 23,06m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
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Tags

Bidder

Name
potential

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Event Production and Management (Primary)
Primary Sector (TTRSC)
45.01.02 Art, Cultural, Events & and Live Entertainment
45 Media, Entertainment & Information Services / 45.01 Entertainment

Secondary Sectors (TTRSC)
10.01.02 Consulting & Professional Development Services
10 Business Services / 10.01 Business & Professional Support Services

10.01.05 Event & Tradeshow Management Services
10 Business Services / 10.01 Business & Professional Support Services

10.01.11 Printing, Photography & Recording Services
10 Business Services / 10.01 Business & Professional Support Services

10.02.01 Advertising & Marketing Services
10 Business Services / 10.02 Marketing & Advertising

15.10.05 Hospitality Services
15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure

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

40.03.07 IT Consulting, Development & Outsourcing
40 Information Technology / 40.03 Internet, Software & IT Services

45.01.03 Music Production & Distribution
45 Media, Entertainment & Information Services / 45.01 Entertainment

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Event Production and Management (Primary)
Country
Website
Description

Mergers & Acquisitions

Date Target Country Buyer Seller 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.