Radar > 232938

ICA negotiates with Némesis creation of new real estate company

ICA negocia con Némesis para crear una nueva empresa inmobiliaria

Intel ID : 232938
Synopsis

Mexico-based ICA (BMV/NYSE:ICA), an infrastructure construction company is studying the possibility of creating a new real estate company with investments from Némesis Capital, as published by newspaper El Economista on 13 January 2016.

According to the news, sources close to the business said ICA plans to create a company with its housing assets and a USD 83.9m investment by real estate group Némesis Capital.

On the other hand, ICA said it reached an agreement with an investor, without mentioning Némesis Capital, to carry out future transactions related to its subsidiary ViveICA, which would offer working capital for these assets.
(content in spanish)

La mexicana empresas ICA (BMV/NYSE:ICA), dedicada a la construcción de infraestructuras estudia la creación de una nueva empresa inmobiliaria con aportaciones del fondo Némesis Capital, según ha informado el diario El Economista el 13 de enero de 2016.

Según el medio, fuentes familiarizadas con la operación, afirman que ICA planea lanzar una empresa con activos de su negocio de vivienda y una inversión de alrededor de USD 83,9m del grupo inmobiliario Némesis Capital.

Por su parte, ICA ha señalado que ha alcanzado un acuerdo con un inversionista, sin mencionar aún a Némesis Capital, con el objetivo de realizar futuras transacciones relacionadas con su subsidiaria ViveICA, el cual aportaría capital de trabajo para dichos activos.

Intel ID 232938
Value EUR 77,57m (Approx.)
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Empresas ICA
(31 Dec 2016)
Revenue: EUR 935,99m
Exchange Rate:
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Subsector (Old TTR Sectors)
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Intel Grade
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Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Real Estate and Construction / Construction (Materials and Machinery) (Primary)
Infrastructure / Roads and Highways
Primary Sector (TTRSC)
35.03.03 Construction & Engineering (Non Residential)
35 Industrials / 35.03 Construction & Engineering

Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Real Estate and Construction / Real Estate
Country
Website
Description

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.