Radar > 234094

HNA Group to acquire Atlantic Gateway stake indirectly through TAP Air Portugal

HNA Group vai adquirir participação na Atlantic Gateway e indiretamente TAP Air Portugal

Intel ID : 234094
Synopsis

HNA Group (SSE: 600221), a Chinese logistics, transport, tourism and hotel company, could indirectly acquire between a 10% and 13% stake in Portuguese airline TAP Air Portugal, as published by newspaper Jornal de Negócios on 22 February 2016.

According to the news, the Portuguese state authorizes HNA Group to enter Atlantic Gateway's share capital. The stake percentage is still under negotiation between shareholders of Atlantic Gateway and HNA Group.

Still according to the news, this announcement should take place this year.
(content in portuguese)

A HNA Group (SSE: 600221), empresa chinesa que atua com logística, transporte de passageiros, turismo e gestão hoteleira, poderá deter indiretamente entre 10% e 13% da companhia aérea portuguesa TAP Air Portugal, segundo publicou o Jornal de Negócios em 22 de fevereiro de 2016, .

De acordo com a notícia, o Estado português autoriza desde já a entrada no capital social da Atlantic Gateway pela HNA Group, em percentagem a acordar entre os accionistas da Atlantic Gateway e a HNA Group.

Ainda de acordo com a publicação, o anúncio desta participação deve acontecer ainda neste ano.

Bidder

Target


Intel ID 234094
Value ND
Native Currency Euro (EUR)
Financial Data - Atlantic Gateway
(31 Dec 2019)
Revenue: EUR 0,91m
EBITDA: EUR 0,03m
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Transport, Aviation and Logistics (Primary)
Services and Distribution / Tourism, Hotels and Restaurants
Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Transport, Aviation and Logistics (Primary)
Primary Sector (TTRSC)
35.10.02 Aviation
35 Industrials / 35.10 Transportation & Logistics

Country
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Services and Distribution / Transport, Aviation and Logistics (Primary)
Primary Sector (TTRSC)
35.10.02 Aviation
35 Industrials / 35.10 Transportation & Logistics

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

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.