Radar > 223655

Generalitat de Valencia plans privatization of Piedra Negra

La Generalitat de Valencia quiere privatizar Piedra Negra

Intel ID : 223655
Synopsis

Generalitat de Valencia wants to sell a 51% stake in waste management company Piedra Negra, through Vaersa. The deadline for proposals ended on 24 March 2015, but the envelopes will only be opened on the 26th.

Privatization has been strongly opposed by the local population, and Consorcio de Basuras is considering an expropriation of the plant after its sale. The remaining 49% stake is held by Cespa, controlled by Ferrovial group.
(content in spanish)

La Generalitat de Valencia quiere vender el 51% del accionariado que mantiene, a través de la empresa pública Vaersa, en la empresa de tratado de residuos Piedra Negra. El plazo para presentar ofertas finalizó el 24 de marzo de 2015, aunque hasta el día 26 no se abren los sobres para conocer las propuestas de adquisición.

La privatización ha tenido un fuerte rechazo entre la población local, e incluso el Consorcio de Basuras baraja llevar a cabo una expropiación de la planta tras su venta. El 49% restante del accionariado está en manos de Cespa, del grupo Ferrovial.

Target

Seller


Intel ID 223655
Value ND
Native Currency Euro (EUR)
Financial Data - Piedra Negra
(31 Dec 2021)
Revenue: EUR 11,08m
EBITDA: EUR 5,06m
Net Debt: EUR 34,19m
People: 36
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Waste Management, Pollution and Recycling (Primary)
Primary Sector (TTRSC)
35.05.09 Recycling & Material Recovery Services
35 Industrials / 35.05 Environment & Waste Management

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Waste Management, Pollution and Recycling (Primary)
Primary Sector (TTRSC)
35.05.09 Recycling & Material Recovery Services
35 Industrials / 35.05 Environment & Waste Management

Country
Website
Description

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    

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.