Radar > 222275

Cencosud considers an Initial Public Offering through its subsidiary

Cencosud se plantea realizar una Oferta Pública Inicial (OPI) de su filial

Intel ID : 222275
Synopsis

Chile-based Cencosud announced its plan to invest up to USD 3bn throughout 2015-2018. In addition, the company considers a public offering through its subsidiary engaged in real estate and shopping centers. According to Reuters, the analysis period for a possible IPO is in its preliminary stage, any decision is still subject to approval by the board.

Cencosud intends to use the important number of properties it controls, after several acquisitions in Latin America, mainly Peru, Colombia and Chile.
(content in spanish)

La chilena Cencosud ha comunicado que planea invertir hasta USD 3.000m en el periodo 2015-2018. Además, la compañía está evaluando la salida de su filial de centros comerciales y bienes inmuebles en la bolsa. Según Reuters, el período de evaluación de una posible Oferta Pública Inicial (OPI) de su filial está en fase preliminar y cualquier decisión estará sujeta a la aprobación del directorio de la compañía.

Cencosud busca aprovechar el importante banco de terrenos que posee tras una serie de adquisiciones en la región latinoamericana, especialmente en Perú, Colombia y Chile.

Bidder


Intel ID 222275
Value EUR 2.653,69m (Approx.)
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Cencosud
(31 Dec 2013)
Revenue: EUR 14,27m
EBITDA: EUR 1,00m
Exchange Rate:
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Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Distribution and Retail (Primary)
Primary Sector (TTRSC)
15.05.11 Multiline Retail (Department, Discount & Convenience Stores)
15 Consumer Products & Services / 15.05 Distribution & Retail

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