Radar > 234151

Grupo Odinsa to divest non-strategic assets

Grupo Odinsa venderá activos no estratégicos

Intel ID : 234151
Synopsis

Grupo Odinsa (BVC:ODINSA), a Colombia-based infrastructure construction company, plans to divest non-strategic assets to finance projects of fourth generation highways in Colombia, reported Dataifx on 24 February, 2016, citing Odinsa president Mauricio Ossa.

Ossa noted the divestment will be focused on assets which are not essential to the company's strategic object, which includes real estate, port, and energy assets. He added that, to finance projects, Odinsa could also obtain credits from domestic and international banks for over USD 300m.
(content in spanish)

Grupo Odinsa (BVC:ODINSA), constructora colombiana de infraestructuras, planea desinvertir en activos no estratégicos para poder financiar proyectos de carreteras de cuarta generación en Colombia, ha publicado Dataifx el 24 de febrero de 2016, citando al presidente de la empresa, Mauricio Ossa.

Ossa ha señalado que la desinversión se enfocará en activos que no son fundamentales para el objeto estratégico de la empresa, que incluye activos inmobiliarios, portuarios y energéticos. Ha añadido que, para financiar los proyectos, Odinsa también podría pedir créditos en la banca local e internacional por más de USD 300m.

Seller

Odinsa
Colombia

Intel ID 234151
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Odinsa
(31 Dec 2014)
Revenue: EUR 316,70m
EBITDA: EUR 111,69m
Exchange Rate:
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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

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