Radar > 244896

HNA to acquire Assignia infrastructures

HNA podría adquirir Assignia Infraestructuras

Intel ID : 244896
Synopsis

HNA Group (SSE:600221), a China-based industrial conglomerate, may be interested in acquiring Spain-based construction company Assignia Infraestructuras, which has been in pre-bankruptcy proceedings since December, reported El Economista on 2 February 2017.

According to the repor, the Monje Tuñón family, owners of Assignia, would be willing to lose control of the company or leave the shareholding to avoid liquidation.

The company is in talks with HNA, but there are four other business groups interested in the firm, the report stated.
(content in spanish)

HNA Group (SSE: 600221), conglomerado industrial chino, podría estar interesado en adquirir la constructora española Assignia Infraestructuras, en preconcurso de acreedores desde diciembre, según ha informado El Economista el 2 de febrero de 2017.

Según lo publicado, la familia Monje Tuñón, propietaria de Assignia, estaría dispuesta a perder el control de la compañía o a salir del capital con el objetivo de evitar la liquidación.

La empresa mantiene negociaciones con HNA, pero hay otros cuatro grupos empresariales interesados en la compañía.

Bidder

Seller

Spain

Advisors

prospect

Intel ID 244896
Value ND
Native Currency Euro (EUR)
Financial Data - Assignia Infraestructuras
(31 Dec 2014)
Revenue: EUR 219,75m
EBITDA: EUR 16,29m
Net Debt: EUR 160,26m
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)
Infrastructure / Roads and Highways (Primary)
Infrastructure / Ports
Infrastructure / Airports
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

35.09.01 Aerodromes & Airports
35 Industrials / 35.09 Transport Infrastructure

35.09.02 Ports
35 Industrials / 35.09 Transport Infrastructure

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Real Estate and Construction / Construction (Materials and Machinery) (Primary)
Primary Sector (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

Financial Advisory

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.