Radar > 238685

Grupo Odinsa announces divestment in seven infrastructure projects

Grupo Odinsa anuncia desinversión en siete proyectos de infraestructura

Intel ID : 238685
Synopsis

Grupo Odinsa (BVC:ODINSA), a Colombia-based infrastructure construction company, announced a plan to divest in seven infrastructure projects, as well as to potentially increase its stake in concessions, in a filing published by regulator Superintendencia Financiera de Colombia on 14 July 2016.

Specifically, the board of directors approved the divestment of the company's stake in Colombia-based Hatovial, projects Concesión Desarrollo Vial del Aburrá Norte, Concesión Vías del Nus, and Concesión Vías del Nus; and Aruba-based Caribbean Infrastructure Company, Chamba Blou, and the Green Corridor project .

Meanwhile, Odinsa also announced it will launch negotiations to increase its stake, either directly or through one of its subsidiaries, in Concesión La Pintada and in the Concesión Autopista Conexión Pacífico 2 project.
(content in spanish)

Grupo Odinsa (BVC:ODINSA), constructora colombiana de infraestructuras, ha anunciado un plan de desinversión de su participación en siete proyectos de infraestructura, así como posibles aumentos de participación en concesiones, en un hecho relevante remitido a la Superintendencia Financiera de Colombia el 14 de julio de 2016.

En concreto, la Junta Directiva de la empresa ha aprobado la desinversión de la participación mantenida en las sociedades Hatovial, el proyecto Concesión Desarrollo Vial del Aburrá Norte, la Concesión Vías del Nus, el proyecto Concesión Vías del Nus; Caribbean Infrastructure Company, Chamba Blou y el proyecto Green Corridor. Además, la empresa ha indicado que también disminuirá su participación en algunas de las concesiones viales donde es accionista.

Por otro lado, Odinsa ha anunciado que iniciará negociaciones tendientes a aumentar su participación, de forma directa o a través de sus controladas, en la sociedad Concesión La Pintada y en el proyecto Concesión Autopista Conexión Pacífico 2.

Relevant Documents


Intel ID 238685
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
verified
Subsector (Old TTR Sectors)
Infrastructure / Railroads (Primary)
Primary Sector (TTRSC)
35.09.03 Railway Infrastructure
35 Industrials / 35.09 Transport Infrastructure

Country
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Infrastructure / Railroads (Primary)
Primary Sector (TTRSC)
35.09.03 Railway Infrastructure
35 Industrials / 35.09 Transport Infrastructure

Country
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Infrastructure / Railroads (Primary)
Primary Sector (TTRSC)
35.09.03 Railway Infrastructure
35 Industrials / 35.09 Transport Infrastructure

Country
Website
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Infrastructure / Railroads (Primary)
Primary Sector (TTRSC)
35.09.03 Railway Infrastructure
35 Industrials / 35.09 Transport Infrastructure

Country
Website
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Infrastructure / Railroads (Primary)
Primary Sector (TTRSC)
35.09.03 Railway Infrastructure
35 Industrials / 35.09 Transport Infrastructure

Secondary Sectors (TTRSC)
35.09.05 Toll Bridges, Roads & Highways
35 Industrials / 35.09 Transport Infrastructure

Country
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Infrastructure / Roads and Highways (Primary)
Primary Sector (TTRSC)
35.09.05 Toll Bridges, Roads & Highways
35 Industrials / 35.09 Transport Infrastructure

Secondary Sectors (TTRSC)
35.03.99 Other Construction & Engineering
35 Industrials / 35.03 Construction & Engineering

35.09.03 Railway Infrastructure
35 Industrials / 35.09 Transport Infrastructure

35.09.99 Other Transport Infrastructure
35 Industrials / 35.09 Transport Infrastructure

Country
Website
Description

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.