Radar > 224724

Cofides and SGRF create a fund to expand internationally in Oman

Cofides y SGRF constituyen un fondo para la internacionalización de las empresas españolas en Omán

Intel ID : 224724
Synopsis

Spanish companies Cofides and Oman-based State General Reserve Fund reached an agreement to create a fund to enable Spanish companies to expand internationally in Oman, as stated in a press release issued by the companies published on 29 April 2015.

The fund will have, initially, EUR 200m. The two companies will disburse equal amounts, and it should be founded by the end of the second quarter of 2015. The first investment could be carried out before the end of the year.

The fund's investments will be used in the construction material, agribusiness, infrastructure, energy and tourism sectors.
(content in spanish)

La empresa española Cofides y el fondo soberano omaní State General Reserve Fund han acordado constituir un fondo para la internacionalización de las empresas españolas hacia Omán, según han publicado ambas compañías mediante notas de prensa con fecha 29 de abril de 2015.

El fondo contará con unos recursos iniciales de EUR 200m, cuyo desembolso se realizará a partes iguales entre las dos entidades, y su constitución se espera para finales del segundo trimestre de 2015, de modo que las primeras inversiones puedan llevarse a cabo antes de que termine el año.

Lo sectores a los que se dirigirá el fondo son los de materiales de construcción, agroalimentación, infraestructuras, energía y turismo.

Relevant Documents


Intel ID 224724
Value EUR 200,00m
Native Currency Euro (EUR)
Financial Data - Cofides
(31 Dec 2023)
Revenue: -
EBITDA: -
People: 99
Date
Country
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Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
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Tags

Financing Bank

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.04 Consumer Finance
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Financing Bank

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Website
Description

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.