Radar > 235352

IRB-Brasil Resseguros shareholders consider selling comapny stake

Acionistas da IRB-Brasil Resseguros estudam vender participação na empresa

Intel ID : 235352
Synopsis

IRB-Brasil Resseguros, engaged in reinsurance, could sell a stake in the company's share capital to strategic or non-strategic investors, as published by newspaper Estadão on 5 April 2016, citing its president, José Carlos Cardoso.

According to the news, since the initial public offering (IPO) did not materialize, the comapny now wants to study other alternatives, including the sale of a stake.

Also according to the news, there is no confirmation of a possible offer from potential buyers.
(content in portuguese)

A IRB-Brasil Resseguros, que atua no setor de resseguros, poderá vender uma participação da companhia para investidores estratégicous ou não estratégicos, segundo publicou o Estadão em 5 de abril de 2016, citando ao Presidente da própria empresa, José Carlos Cardoso.

Segundo a notícia, como o processo de uma oferta pública inicial de ações (IPO) não avançou, a empresa agora estuda outras alternativas, incluindo a venda de uma participação.

Ainda de acordo com a publicação, não foi confirmada a existência de oferta de possíveis interessados.

Intel ID 235352
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - IRB Brasil Resseguros
(31 Dec 2024)
Revenue: EUR 945,72m
Net Debt: EUR 73,39m
Exchange Rate:
Date
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Subsector (Old TTR Sectors)
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Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.02.07 Reinsurance
25 Financial Services / 25.02 Insurance

Country
Website
Description

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Date Title Type Intel Grade Country Subsector  

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Date Issuer/Buyer Type Country VALUE (EURm) Subsector    

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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.