Radar > 226582

CaixaBank could acquire 49% stake in Saba Infraestructuras

CaixaBank podría adquirir el 49% de Saba Infraestructuras

Intel ID : 226582
Synopsis

Spain-based CaixaBank (BME: CABK) could be preparing the acquisition of a 49% stake in Spain-based Saba Infraestructuras, held by Torreal, ProA Capital and KKR (NYSE: KKR) for approximately EUR 500m, as reported by El Confidencial, based on sources close to the deal, on 29 June 2015.

According to the newspaper, the agreement could be practically closed. It should only lack certain clauses included in the initial contract.

Torreal, ProA Capital and KKR seek a financial partner since the first quarter of 2015. (see related intel)
(content in spanish)

La compañía española CaixaBank (BME: CABK) podría estar preparando la adquisición del 49% del accionariado de la también española Saba Infraestructuras a Torreal, ProA Capital y KKR (NYSE: KKR) por un importe cercano a los EUR 500m, según ha comunicado El Confidencial el 29 de junio de 2015.

Según el periódico, que se basa en fuentes cercanas a la operación, el acuerdo podría estar prácticamente cerrado a falta de determinadas cláusulas incluidas en el contrato inicial.

Torreal, ProA Capital y KKR buscaban un socio financiero desde el primer trimestre del año 2015 (ver Intels relacionados).

Bidder

Seller

Spain

Advisors

retained
ProA Capital
Spain

Advisors

retained
Torreal
Spain

Advisors

retained

Ultimate Owner (Seller)

KKR
United States

Advisors

retained

Intel ID 226582
Value ND
Native Currency Euro (EUR)
Financial Data - Saba Infraestructuras
(31 Dec 2023)
Revenue: -
EBITDA: -
Net Debt: -
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)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.04 Consumer Finance
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Transport, Aviation and Logistics (Primary)
Infrastructure / Car Parks
Primary Sector (TTRSC)
35.09.99 Other Transport Infrastructure
35 Industrials / 35.09 Transport Infrastructure

Secondary Sectors (TTRSC)
35.09.06 Parking Infrastructure
35 Industrials / 35.09 Transport Infrastructure

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.10 Venture Capital
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Ultimate Owner (Seller)

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Financial Advisory

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.