Radar > 240988

Citic Group to acquire 51% of Astillero Barreras

Citic Group podría adquirir el 51% de Astillero Barreras

Intel ID : 240988
Synopsis

Citic Group, a China-based state-owned company, could acquire 51% of Spain-based Astillero Barreras from Pemex, a Mexico-based state-owned oil company, reported La Voz de Galicia on 27 September 2016, citing sources familiar.

The aim of the sale of the shipyard would be to tackle losses suffered by Pemex.
(content in spanish)

Citic Group, empresa pública china, podría comprar el 51% de Astillero Barreras a Pemex, petrolera estatal mexicana, según ha informado La Voz de Galicia el 27 de septiembre de 2016, basándose en fuentes consultadas por el propio medio.

El motivo de la venta del astillero sería atajar las pérdidas que sufre Pemex.

Bidder

Seller

Pemex
Mexico

Intel ID 240988
Value ND
Native Currency Euro (EUR)
Financial Data - Astillero Barreras
(31 Dec 2020)
Revenue: EUR 22,32m
Net Debt: EUR 212,21m
People: 181
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)
Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Industry / Shipbuilding (Primary)
Primary Sector (TTRSC)
35.08.02 Ship Builders
35 Industrials / 35.08 Ship Building & Repair

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Primary Sector (TTRSC)
20.02.02 Multiline Oil & Gas
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

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.