Radar > 220013

Fiagril could be negotiating the sale of a minority stake to Chinatex

Fiagril estaria negociando a venda de uma participação minoritária para a Chinatex

Intel ID : 220013
Synopsis
24 OCT 2014 EN PT

Brazil-based agricultural company Fiagril could be negotiating the sale of a minority stake in its share capital to Chinatex Corporation. The offer made by the Chinese company could range between BRL 400m and BRL 500m.

Chinatex Corporation operates in the same line of business and was founded in 1951. It produces and commercializes grains and fibers. The company began its acquisitions in Brazil in 2003.
(content in portuguese)

A empresa brasileira Fiagril estaria negociando a venda de uma fatia minoritária do seu capital social para a empresa Chinatex Corporation. O aporte da companhia chinesa pela aquisição da participação estaria entre BRL 400m e BRL 500m.

A Chinatex Corporation, que atua com a Fiagril no setor do agronegócio, foi fundada em 1951 e desde então se dedica à produção e comercialização de grãos e fibras.A companhia chinesa començou a fazer aquisições no Brasil em 2003.

Bidder

Chinatex Corporation
China

Seller

Fiagril
Brazil

Intel ID 220013
Value EUR 142,67m (Approx.)
Native Currency Brazilian Real (BRL)
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
Subsector (Old TTR Sectors)
Industry / Fashion and Textile (Primary)
Services and Distribution / Distribution and Retail
Country
Website
Description

Seller

Name
Subsector (Old TTR Sectors)
Natural Resources / Agriculture, Agribusiness, Farming and Fishing (Primary)
Primary Sector (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services
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.