Radar > 243986

HVF Holdings joining Apollo/Centerbridge consortium for Novo Banco

HVF Holdings quer unir-se ao consórcio Apollo/Centerbridge na corrida ao Novo Banco

Intel ID : 243986
Synopsis

HVF Holdings, an Aveiro, Portugal-based financial company, wants to join Apollo/Centerbridge consortium for Novo Banco, reported Jornal Econômico on 3 January 2016.

According to the news, Novo Banco's acquisition wll be disputed by Lone Star and the Apollo/Centerbridge consortium, since China Minsheng did not provide the required financial guarantees (see related intels).

Apollo/Centerbidge would be reviewing its bid, to match or exceed Lone Star's financial conditions. HVF Holdings could join Apollo/Centerbidg and Banco de Portugal could face two equivalent bids.
(content in portuguese)

A HVF Holdings, empresa com sede em Aveiro que atua no setor financeiro, quer unir-se ao consórcio Apollo/Centerbridge na corrida ao Novo Banco, segundo publicou o Jornal Econômico no dia 03 de janeiro de 2016.

Segundo a notícia, a escolha do comprador do Novo Banco, a apresentar até ao final do dia 04 de janeiro de 2017, será entre a Lone Star e o consórcio Apollo/Centerbridge, uma vez que o China Minsheng não apresentou as garantias financeiras exigidas (ver Intels relacionados).

De acordo com a publicação, a aliança Apollo/Centerbidge estaria a rever a sua oferta, igualando ou superando as condições financeiras da Lone Star. A possibilidade da HVF Holdings vir a juntar-se a aliança Apollo/Centerbidg, poderia fazer a diferença, no caso de o Banco de Portugal vir a ser confrontado com duas propostas financeiramente equivalentes.

Intel ID 243986
Value ND
Native Currency Euro (EUR)
Financial Data - Novo Banco
(31 Mar 2016)
Revenue: EUR 140,80m
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Education (Primary)
Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.03.01 Real Estate Development & Operating Companies
25 Financial Services / 25.03 Real Estate

Secondary Sectors (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.02 Central Banking
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
10.01.01 BPO/Outsource Services
10 Business Services / 10.01 Business & Professional Support Services

15.05.99 Other Distribution & Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

15.10.03 Cultural Sites & Attractions
15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure

45.03.03 Trade Journal & Magazine Publishing
45 Media, Entertainment & Information Services / 45.03 Publishing

Country
Website
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.