Radar > 233146

Group VINCI could be keen to acquire Abeinsa, subsidiary of Abengoa

Group VINCI podría estar interesada en adquirir Abeinsa, filial de Abengoa

Intel ID : 233146
Synopsis

Group VINCI (Euronext Paris: DG), a French multinational company, could be interested in acquiring Spain-based Abeinsa, a subsidiary of Spain-based Abengoa (BME: ABG), as published by newspaper Expansión on 20 January 2016.

Abeinsa participates in the construction of high-speed train between La Meca - Medina. With this sale, Abengoa will reduce its debt.

Currently, the two companies could be negotiating, but Group VINCI could estimate that Abeinsa's liabilities are greater than those reflected in Abengoa's financial statements, which would bring negotiations to a deadlock.
(content in spanish)

La multinacional francesa Group VINCI (Euronext Paris: DG) podría estar interesada en adquirir la española Abeinsa, filial de la española Abengoa (BME: ABG) ,según ha reportado el diario Expansión el 20 de enero de 2016.

La venta de Abeinsa, que participa en la construcción del tren de alta velocidad La Meca-Medina, serviría a Abengoa para reducir su pasivo.

Actualmente amba empresas podrían estar en conversaciones, pero Group VINCI podría estimar que el pasivo de Abeinsa es mayor del que Abengoa refleja en sus balances, lo que tendría la negociación en un punto muerto.

Bidder

Target

Seller


Intel ID 233146
Value ND
Native Currency Euro (EUR)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Infrastructure / Roads and Highways (Primary)
Services and Distribution / Financial and Insurance
Primary Sector (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Secondary Sectors (TTRSC)
35.09.99 Other Transport Infrastructure
35 Industrials / 35.09 Transport Infrastructure

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Real Estate and Construction / Construction (Materials and Machinery) (Primary)
Energy and Renewable Energies / Hydraulic
Primary Sector (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Technology (Primary)
Services and Distribution / Water and Sanitation
Primary Sector (TTRSC)
20.04.07 Renewable Energy Equipment
20 Energy & Utilities / 20.04 Renewable Energy

Secondary Sectors (TTRSC)
35.05.05 Industrial Wastewater Treatment
35 Industrials / 35.05 Environment & Waste Management

60.01.03 Telecoms Towers & Infrastructure
60 Telecommunications / 60.01 Telecommunications & Networking Hardware

Country
Website
Description

Radar

Date Title Type Intel Grade Country 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.