Radar > 228812

El Corte Inglés shows interest in Latin America

El Corte Inglés muestra interés por Latinoamérica

Intel ID : 228812
Synopsis

El Corte Inglés, a Spain-based retailer, is interested in the Latin American market, reported El Economista on 31 August, 2015.

The company will invest UER 1.2bn until 2020.

In May 2015, the company announced a strategic alliance with Chile-based retail giant, Ripley (BCS:RIPLEY), to develop brand Sfera in Latin America (see related intel).
(content in spanish)

La empresa española El Corte Inglés ha mostrado interés por el mercado latinoamericano, según ha publicado el diario El Economista el 31 de agosto de 2015.

La empresa invertirá EUR1.200m hasta el año 2020.

El pasado mes de mayo, el grupo anunció la firma de una alianza estratégica con el gigante chileno de grandes almacenes Ripley (BCS:RIPLEY) con el objetivo de que la marca Sfera se desarrolle por Latinoamérica (Ver Intel relacionado).

Intel ID 228812
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - El Corte Inglés
(31 Dec 2021)
Revenue: EUR 10.118,81m
Net Debt: EUR 9.009,52m
People: 80814
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Bidder

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

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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.

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