Radar > 237165

Government of Peru could postpone sale of Doe Run

Gobierno de Perú podría postergar la venta de Doe Run

Intel ID : 237165
Synopsis

The government of Peru may postpone until August the sale of Doe Run Perú, a Lima-based mining and metallurgical company, reported La República on 30 May, 2016.

Specifically, the government of Peru controls 60% of the company's assets and, in October 2015, it approved an agreement to liquidate the mining company to achieve the reactivation of the La Oroya metallurgical complex and the continuity of Unidad Minera Cobriza (see related intel).

However, it has not yet been possible to sell the assets and it is expected the next government will make a final decision regarding the liquidation.
(content in spanish)

El Gobierno de Perú podría postergar hasta agosto la venta de Doe Run Perú, empresa minera y metalúrgica con sede en Lima, según ha informado La República el 30 de mayo de 2016.

En concreto, el Gobierno de Perú es poseedor del 60% de los activos de la firma, y en octubre de 2015 ha aprobado el convenio de liquidación de la minera para lograr la reactivación del Complejo Metalúrgico de La Oroya y la continuidad de la Unidad Minera Cobriza (ver Intels relacionados).

Sin embargo, los activos aún no han lograron venderse y se espera que la decisión final de la liquidación se haga en el próximo gobierno.

Intel ID 237165
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
potential
Subsector (Old TTR Sectors)
Industry / Steel, Metallurgy and Industrial Production (Primary)
Natural Resources / Mining
Primary Sector (TTRSC)
55.05.02 Copper & Cobalt Mining & Refining
55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Public Services (Primary)
Primary Sector (TTRSC)
50.01.01 Executive & Legislative Offices/Bodies
50 Public Services & NGOs / 50.01 Government & Public Administration

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.