Radar > 224331

Grupo Alfa could carry out IPO for subsidiary Nemak in June

Grupo Alfa podría sacar a bolsa a su filial Nemak en junio

Intel ID : 224331
Synopsis

Mexico-based Grupo Alfa, announced its intention to carry out an IPO for its metallurgy subsidiary Nemak (see related radar), and informed it could be in June 2015.

According to Grupo Alfa's director Armando Garza Sada, the objective is to pay off debt and increase income.
(content in spanish)

El conglomerado mexicano Grupo Alfa, que ya anunció su intención de sacar a bolsa su filial metalúrgica Nemak (Ver radar relacionado), ha anunciado que dicha operación podría llevarse a cabo a lo largo de junio de 2015.

Según Armando Garza Sada, director de Grupo Alfa, el objetivo de esta salida a bolsa es el de intentar amortizar las deudas de la compañía e incrementar su ingresos.

Issuer

Nemak
Mexico

Ultimate Owner (Seller)

ALFA
Mexico

Intel ID 224331
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Nemak
(31 Dec 2017)
Revenue: EUR 3.733,54m
EBITDA: EUR 595,73m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Issuer

Name
verified
Subsector (Old TTR Sectors)
Industry / Automotive and Recreational Vehicles (Primary)
Primary Sector (TTRSC)
35.02.02 Automotive Parts & Accessories
35 Industrials / 35.02 Automotive

Country
Website
Description

Ultimate Owner (Seller)

Name
potential
Subsector (Old TTR Sectors)
Industry / Food (Primary)
Industry / Chemical and Chemical Materials
Technology and Telecoms / Telecoms
Primary Sector (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Secondary Sectors (TTRSC)
15.07.03 Dairy Products
15 Consumer Products & Services / 15.07 Food

15.07.09 Processed & Packaged Foods
15 Consumer Products & Services / 15.07 Food

20.02.05 Oil & Gas Exploration & Production (Upstream)
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

55.02.05 Plastics
55 Raw Materials & Natural Resources / 55.02 Chemicals

55.06.04 Synthetic Textiles
55 Raw Materials & Natural Resources / 55.06 Textiles, Fibers & Related Materials

60.02.01 Integrated Communication Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

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.