Carlyle could delay sale of Telecable de Asturias to increase bid
Carlyle podría retrasar la venta de Telecable de Asturias para aumentar su puja
Intel ID : 227199
| Synopsis |
|
US-based private equity firm Carlyle (NASDAQ: CG) announced its intention to delay the sale of Telecable de Asturias (see related intel). The company controls 85% of the capital. The objective of this delay is liven up the bidding of CVC Capital Partners Euskaltel (BME: EKT) and raise the final price, as published by newspaper Expansión on 16 July 2015. The initial date was 13 July, but finally it was postponed to 24 July. Carlyle entered Telecable's share capital in 2011, valuing the company at EUR 400m. Currently, Telecable is valued at EUR 670m.
(content in spanish)
El fondo de private equity estadounidense Carlyle (NASDAQ: CG) ha anunciado su intención de retrasar la venta de la española Telecable de Asturias (ver Intel relacionado), que posee el 85%, con el fin de avivar las pujas de CVC Capital Partners Euskaltel (BME: EKT) y elevar su precio final, según ha publicado el diario Expansión el 16 de julio de 2015. La fecha inicial estaba prevista para el lunes 13 de julio, pero finalmente se ha retrasado hasta el día 24 de julio. Carlyle entró en el capital de Telecable a finales de 2011 valorando el 100% de la compañía en unos EUR 400m, situándose en la actualidad en unos EUR 670m. |
Bidder
|
Target
|
Seller
|
| Intel ID | 227199 | ||
| Value | ND | ||
| Native Currency | Euro (EUR) | ||
|
Financial Data - Telecable de Asturias
(31 Dec 2014) |
Revenue: EUR 131,00m EBITDA: EUR 63,00m |
||
| Date |
 |
||
| Country | |
||
| Region | |||
| Continent |  |
||
| Geography | |
||
| Subsector (Old TTR Sectors) |
|
||
| Type |
|
||
| Intel Grade |
|
||
| Source |
|
||
| Tags | |
Bidder
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
25.01.09 Private Equity 25 Financial Services / 25.01 Banking & Investment |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Bidder
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
25.01.09 Private Equity 25 Financial Services / 25.01 Banking & Investment |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Bidder
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
25.01.09 Private Equity 25 Financial Services / 25.01 Banking & Investment |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Bidder
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
25.01.09 Private Equity 25 Financial Services / 25.01 Banking & Investment |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Bidder
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
60.02.01 Integrated Communication Services 60 Telecommunications / 60.02 Telecommunications & Networking Services |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Bidder
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
25.01.09 Private Equity 25 Financial Services / 25.01 Banking & Investment |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Target
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
60.02.01 Integrated Communication Services 60 Telecommunications / 60.02 Telecommunications & Networking Services |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Seller
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
25.01.09 Private Equity 25 Financial Services / 25.01 Banking & Investment |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Radar
| Date | Title | Type | Intel Grade | Country | Subsector | ||
|
|
|
|
|
|
|
|
Mergers & Acquisitions
| Date | Target | Country | Buyer | Seller | VALUE (EURm) | Subsector | |||
|
|
|
|
|
|
|
|
 |
|
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.