Radar > 236196

Masisa announces asset sale in Chile and Brazil

Masisa anuncia venta de activos en Chile y en Brasil

A Masisa anuncia a venda de ativos no Chile e Brasil

Intel ID : 236196
Synopsis

Masisa (SSE:MASISA), a Chile-based manufacturer and commercializer of timber, announced it began a process to sell non-strategic assets in Chile and Brazil, as published by newspaper Diario Financiero on 4 May 2016, citing its president, Roberto Salas.

According to the news, Salas said the company's Shareholders Board, in a general meeting in April, decided to deepen the divestment plan for non-strategic assets, aiming to raise USD 130m.
(content in spanish)

Masisa (SSE:MASISA), empresa chilena dedicada a la fabricación y comercialización de productos de madera, ha anunciado que ha iniciado un proceso de venta de activos no estratégicos en Chile y Brasil, según ha informado Diario Financiero el 4 de mayo de 2016, citando al presidente de la firma, Roberto Salas.

En concreto, Salas ha comentado que tras la junta ordinaria de accionistas de abril se ha tomado la decisión de profundizar el plan de enajenación de activos prescindibles, con el objetivo de alcanzar USD 130m de desinversión o un traspaso de activos a terceros.
(content in portuguese)

A Masisa (SSE:MASISA), empresa chilena dedicada à fabricação e comercialização de madeira, anunciou que començou um processo de venda de ativos não estratégicos no Chile e Brasil, segundo informou o Diario Financiero no dia 4 de maio de 2016, citando ao Presidente da companhia, Roberto Salas.

Segundo a notícia Salas explicou que após a Assembleia Ordinária de Acionistas de abril a decisão é aprofundar no plano de alienação de ativos não estratégicos, com o objetivo de atingir os USD 130m de desinvestimento.

Bidder


Intel ID 236196
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Masisa
(31 Dec 2013)
Revenue: EUR 989,57m
EBITDA: EUR 0,17m
Exchange Rate:
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Bidder

Name
verified
Subsector (Old TTR Sectors)
Industry / Other Consumer Goods (Primary)
Industry / Glass, Ceramic, Paper, Plastics, Wood and Timber
Primary Sector (TTRSC)
35.07.02 Building Products
35 Industrials / 35.07 Manufacturing

Secondary Sectors (TTRSC)
55.04.06 Wood Products
55 Raw Materials & Natural Resources / 55.04 Forestry

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