Copec could be keen to acquire copper mine Lomas Bayas held by Glencore
Copec estaría interesada en la adquisición de la mina de cobre Lomas Bayas a Glencore
Intel ID : 232588
Synopsis |
Chile-based Copec could be interested in acquiring copper mine Lomas Bayas held by Switzerland-based Glencore, for an amount ranging between USD 1.1bn and USD 1.5bn, as reported by newspaper Diario Financiero on 4 January 2016. Two investment funds, whose identities were not disclosed, may have submitted significant offers. This sale is part of Glencore's strategy to reduce its debt.
(content in spanish)
La empresa chilena Copec podría estar interesada en la adquisición de la mina de cobre Lomas Bayas propiedad de la suiza Glencore por un importe que oscilaría entre los USD 1.100m y los USD 1.500m, según ha reportado el Diario Financiero el 4 de enero de 2016. Dos fondos de inversión extranjeros cuyas identidades no han sido divulgadas podrían haber presentado sendas ofertas. La enajenación de Lomas Bayas se enmarca en el proceso de reducción de la deuda que mantiene Glencore. |
Intel ID | 232588 | |||
Value | EUR 1,19m (Approx.) | |||
Native Currency |
US Dollar (USD)
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Financial Data - Copec
(31 Dec 2013) |
Revenue: EUR 4,96m Exchange Rate: ![]() |
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Bidder
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Primary Sector (TTRSC) |
20.02.07 Oil & Gas Storage, Distribution & Retail (Downstream) 20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels |
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Secondary Sectors (TTRSC) |
15.05.08 Food & Beverage Retail 15 Consumer Products & Services / 15.05 Distribution & Retail |
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Primary Sector (TTRSC) |
55.05.04 Iron & Steel Mining & Refining 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources |
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Secondary Sectors (TTRSC) |
20.02.01 Coal & Lignite Production 20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels 55.05.08 Specialty Metals & Minerals 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources |
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Legal Advisory
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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.