Radar > 234915

Grupo Villar Mir could sell 57% of Ferroglobe

Grupo Villar Mir podría vender el 57% que posee en Ferroglobe

Intel ID : 234915
Synopsis

Grupo Villar Mir, a Spanish group, plans to sell a 57% stake in Ferroglobe (FRA: 5FG), as published by newspaper El Confidencial on 22 March 2016, citing a press release issued by the group and submitted to Securities Exchange Commission (SEC).

The group requested permission to shareholders and creditors to sell this stake, valued at USD 1bn, at an opportune time.
(content in spanish)

Grupo Villar Mir, holding español, está dispuesto a vender su participación del 57% que tiene en Ferroglobe (FRA: 5FG), según ha publicado el diario El Confidencial el 22 de marzo de 2016, basándose en un folleto informativo registrado por el grupo en la Securities Exchange Commission (SEC).

El holding español ha pedido permiso al resto de accionistas y a los bancos acreedores para desprenderse de este paquete, cuyo valor asciende a cerca de USD 1.000m, en el momento que estime oportuno.

Target

Ferroglobe
United Kingdom

Intel ID 234915
Value EUR 891,90m (Approx.)
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)
Industry / Steel, Metallurgy and Industrial Production (Primary)
Country
Website
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Real Estate and Construction / Construction (Materials and Machinery)
Energy and Renewable Energies / Electric
Primary Sector (TTRSC)
25.03.01 Real Estate Development & Operating Companies
25 Financial Services / 25.03 Real Estate

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

35.03.05 Homebuilders (Residential)
35 Industrials / 35.03 Construction & Engineering

Country
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.