Radar > 223342

Khazanah Nasional Berhad could be close to acquiring Globalvía

Khazanah Nasional Berhad podría estar a punto de adquirir Globalvía

Intel ID : 223342
Synopsis

Sovereign fund Khazanah Nasional Berhad may have approved the acquisition of Globalvía, controlled by Bankia with 50% of the capital and by FCC with the remaining 50%. The deal value is EUR 450m.

Nevertheless, this acquisition would be subject to negotiations with PGGM, OPTrust and USS, which loaned EUR 750m to Globalvía in 2013, and obtained preferential acquisition rights.
(content in spanish)

El fondo soberano de Malasia Khazana Nasional Berhad podría haber dado el visto bueno a la adquisición de Globalvía, controlada al 50% por Bankia y FCC, por un importe de EUR 450m.

Sin embargo, la adquisición estaría condicionada a las negociaciones con las entidades PGGM, OPTrust y USS, que prestaron EUR 750m a Globalvía en 2013 y se hicieron con un derecho de adquisición preferente sobre la compañía.

Intel ID 223342
Value EUR 450,00m
Native Currency Euro (EUR)
Financial Data - Globalvía
(31 Dec 2022)
Revenue: EUR 527,14m
EBITDA: EUR 303,03m
Net Debt: EUR 2.096,41m
People: 871
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

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

Bidder

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

Bidder

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

Country
Website
Description

Bidder

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

Target

Name
potential
Subsector (Old TTR Sectors)
Infrastructure / Roads and Highways (Primary)
Primary Sector (TTRSC)
35.09.05 Toll Bridges, Roads & Highways
35 Industrials / 35.09 Transport Infrastructure

Country
Website
Description

Seller

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

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Real Estate and Construction / Construction (Materials and Machinery) (Primary)
Primary Sector (TTRSC)
35.05.09 Recycling & Material Recovery Services
35 Industrials / 35.05 Environment & Waste Management

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  
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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.