Radar > 233354

Grupo Odinsa seeks to increase stake in road projects in the Dominican Republic

Grupo Odinsa busca aumentar su participación en proyectos viales en República Dominicana

Intel ID : 233354
Synopsis

Grupo Odinsa (BVC:ODINSA), a Colombia-based construction company, is said to be interested in increasing its equity stake in road projects Autopistas del Nordeste (ADN) and Boulevard Turístico del Atlántico (BTA), in the Dominican Republic, reported Dtaifx on 26 January, 2016..

According to the report, the company may carry out the transaction directly or through its subsidiary Odinsa Holding, based in the British Virgin Islands.

Odinsa noted its board approved a debt of up to USD 30m for the acquisition, the report stated.
(content in spanish)

Grupo Odinsa (BVC:ODINSA), empresa constructora colombiana, estaría interesada en aumentar su participación accionarial en los proyectos viales Autopistas del Nordeste (ADN) y Boulevard Turístico del Atlántico (BTA), en República Dominicana, ha publicado Dataifx el 26 de enero de 2016.

Según lo publicado, la empresa llevaría a cabo la transacción de forma directa o a través de su filial Odinsa Holding, con sede en las Islas Vírgenes Británicas.

Odinsa ha anunciado que su junta ha aprobado un endeudamiento por hasta USD 30m para la operación, de acuerdo con la información.

Bidder

British Virgin Islands

Ultimate Owner (Buyer)

Odinsa
Colombia

Intel ID 233354
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
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)
Primary Sector (TTRSC)
35.09.05 Toll Bridges, Roads & Highways
35 Industrials / 35.09 Transport Infrastructure

Country
Website
Description

Ultimate Owner (Buyer)

Name
potential
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

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.