Radar > 239612

Grupo Cemig and Alupar put Transchile on the block

Grupo Cemig y Alupar ponen Transchile a la venta

Grupo Cemig e Alupar teria colocado à venda Transchile

Intel ID : 239612
Synopsis

Grupo Cemig (BVMF:CMIG4; NYSE:CIG), a Minas Gerais, Brazil-based power, telecoms, and natural gas company, and Alupar (BVMF:ALUP11), based in São Paulo, are said to have put their stakes in Transchile, a power transmission company, on the block, reported Exame on 10 August 2016.

According to the report, the sale is part of Grupo Cemig's strategy to reduce debt.

To advise in the sale, Cemig may have retained Banco BTG Pactual (BVMF:BPAC3).
(content in spanish)

Grupo Cemig (BVMF:CMIG4; NYSE:CIG), empresa eléctrica, de telecomunicaciones y gas natural con sede en el estado brasileño de Minas Gerais, y Alupar (BVMF:ALUP11), con sede en São Paulo, habrían puesto a la venta su participación en Transchile, dedicada a la transmisión eléctrica, ha publicado Exame el 10 de agosto de 2016.

Según lo publocado, la venta es parte de la estrategia del Grupo Ceming de reducir su deuda.

Para asesorar en la venta, Cemig habría contratado a Banco BTG Pactual (BVMF:BPAC3).
(content in portuguese)

O Grupo Cemig (BVMF:CMIG4; NYSE:CIG), com sede no estado de Minas Gerais e que se dedica ao segmento de energia elétrica, telecomunicações e gás natural, e a Alupar (BVMF:ALUP11), com sede en São Paulo, teriam colocado a venda suas participações na Transchile, empresa de transmissão de energia elétrica, segundo publicou a Exame em 10 de agosto de 2016.

De acordo com a publicação, a venda faz parte da estratégia do Grupo Cemig de reduzir sua dívida.

Para assessorar a venda teria sido contratado o Banco BTG Pactual (BVMF: BPAC3).

Target

Seller

Alupar
Brazil
Cemig
Brazil

Advisors

prospect

Intel ID 239612
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Transchile
(31 Dec 2011)
Revenue: EUR 6,41m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Electric (Primary)
Primary Sector (TTRSC)
20.03.05 Electric Utilities
20 Energy & Utilities / 20.03 Power Generation & Electric Utilities

Country
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Energy and Renewable Energies / Electric
Primary Sector (TTRSC)
20.01.01 Energy Traders & Brokers
20 Energy & Utilities / 20.01 Energy Services

Secondary Sectors (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)
Energy and Renewable Energies / Electric (Primary)
Primary Sector (TTRSC)
20.03.10 Power Transmission & Distribution
20 Energy & Utilities / 20.03 Power Generation & Electric Utilities

Secondary Sectors (TTRSC)
20.01.01 Energy Traders & Brokers
20 Energy & Utilities / 20.01 Energy Services

35.03.04 Electrical Infrastructure Construction & Engineering
35 Industrials / 35.03 Construction & Engineering

Country
Website
Description

Financial Advisory

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.