Radar > 217316

La Seda de Barcelona will jointly sell all its packaging companies

La Seda de Barcelona venderá de forma conjunta todas sus sociedades de embalaje

Intel ID : 217316
Synopsis

La Seda de Barcelona has put up for sale all its APPE division, which integrates its packaging companies. This packet will include the production units of those companies facing bankruptcy and shares from those that are not. The shares' price has not been set.

This sale will be structured collectively, due to creditor banks' refusal to lift syndicated loans guarantees over the APPE division companies.
(content in spanish)

La Seda de Barcelona ha puesto a la venta de forma conjunta toda su división APPE, que integra sus sociedades dedicas al embalaje. El paquete incluirá las unidades productivas de las empresas que están en concurso y las acciones de aquellas que no lo están. De momento no se ha fijado un precio de salida.

La venta se estructura de forma conjunta debido a la negativa de la banca acreedora del préstamo sindicado a consentir el levantamiento de las garantías de las sociedades de la división APPE para su venta.

Relevant Documents


Intel ID 217316
Value ND
Native Currency Euro (EUR)
Financial Data - La Seda de Barcelona
(31 Dec 2016)
Revenue: EUR 0,89m
Net Debt: EUR 988,66m
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Tags

Seller

Name
Subsector (Old TTR Sectors)
Industry / Chemical and Chemical Materials (Primary)
Primary Sector (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

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Website
Description

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.