Radar > 228173

Desigual suspends IPO for the moment

La salida a Bolsa de Desigual no se producirá por el momento

Intel ID : 228173
Synopsis

Spain-based Desigual’s potential IPO will not be carried out for now, as was intended by its minority shareholder, France-based private equity Eurazeo (Euronext Paris:RF), reported El Confidencial on 12 August, 2015.

Even though the company is not producing losses, its EBITDA dropped 26% in 1Q15 compared to 1Q14.

Thus, Desigual’s sales dropped at the moment it has the most stores in its history, which could result in the closing of locations in Spain, France, and Germany.
(content in spanish)

La potencial salida a Bolsa de la empresa española Desigual no se producirá por el momento, como pretendía su accionista minoritario, el private equity francés Eurazeo (Euronext Paris: RF), según ha reportado el diario El Confidencial el 12 de agosto de 2015.

Pese a que la compañía no está en pérdidas, su EBITDA ha descendido en un 26% en el primer semestre de 2015, en comparación con el mismo periodo de 2014.

De este modo, las ventas de Desigual han bajado en el momento en que cuenta con el mayor número de tiendas de su historia, lo que podría provocar el cierre de establecimientos en España, Francia y Alemania.

Issuer


Intel ID 228173
Value ND
Native Currency Euro (EUR)
Financial Data - Desigual
(31 Dec 2013)
Revenue: -
EBITDA: -
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Issuer

Name
potential
Subsector (Old TTR Sectors)
Industry / Fashion and Textile (Primary)
Services and Distribution / Distribution and Retail
Primary Sector (TTRSC)
15.01.02 Clothing
15 Consumer Products & Services / 15.01 Apparel & Accessories

Secondary Sectors (TTRSC)
15.05.03 Clothing, Apparel & Accessories Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.10 Venture Capital
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  
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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.