Falabella and Puerto de Liverpool may be remaining bidders in Suburbia acquisition
Falabella y Puerto de Liverpool serían única competidoras en la adquisición de Suburbia
Intel ID : 238786
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Falabella (BCS:FALABELLA), a Santiago, Chile-based retailer, and Puerto de Liverpool (BMV:LIVERPOL), a Mexico City-based store chain, may be the two remaining bidders competing to acquire Mexico-based Suburbia from Walmart México (BMV:WALMEX), reported Excelsior on 18 July 2016. According to the report, UK-based private equity firm Advent International and Grupo Axo, a Mexico-based multi-brand clothing distributor, abandoned the process to acquire Suburbia, a footwear and apparel retailer. Additionally, Walmart México may have held one on one negotiations with Puerto de Liverpool, the report stated. However, no Mexico-based company surpassed the reference price of USD 1bn, so, if Falabella bids a higher sum, it could secure the acquisition, according to the report. The sale of the Walmart México subsidiary began in January 2016 (see related intel).
(content in spanish)
Falabella (BCS:FALABELLA), retailer con sede en Santiago de Chile, y Puerto de Liverpool (BMV:LIVERPOL), cadena de tiendas con sede en la Ciudad de México, habrían quedado como las dos únicas competidoras para adquirir la mexicana Suburbia a Walmart México (BMV:WALMEX), ha publicado Excelsior el 18 de julio de 2016. Según lo publicado, la firma británica de private equity Advent International y Grupo Axo, distribuidora mexicana de ropa multimarca, habrían abandonado el proceso para adquirir Suburbia, dedicada a la venta de calzado e indumentaria. Adicionalmente, Walmart México habría entablado negociaciones uno a uno con Puerto de Liverpool, de acuerdo con la información. Sin embargo, ninguna empresa mexicana habría superado el precio de referencia de USD 1.000m, por lo que, si Falabella oferta una suma mayor, podría tener asegurada la adquisición, según lo publicado. La venta de la filial de Walmart México ha comenzado en enero de 2016 (ver intels relacionados). |
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15.05.03 Clothing, Apparel & Accessories Retail 15 Consumer Products & Services / 15.05 Distribution & Retail |
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15.05.11 Multiline Retail (Department, Discount & Convenience Stores) 15 Consumer Products & Services / 15.05 Distribution & Retail |
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15.05.11 Multiline Retail (Department, Discount & Convenience Stores) 15 Consumer Products & Services / 15.05 Distribution & Retail |
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15.05.08 Food & Beverage Retail 15 Consumer Products & Services / 15.05 Distribution & Retail |
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15.05.11 Multiline Retail (Department, Discount & Convenience Stores) 15 Consumer Products & Services / 15.05 Distribution & Retail |
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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.