Radar > 222970

Mexico-based ICA plans asset sale worth MXN 5bn

La mexicana ICA prevé vender activos por MXN 5.000m

Intel ID : 222970
Synopsis

Mexico-based ICA, engaged in infrastructure construction, announced its plans to sell assets worth MXN 5bn, aiming to reduce debt estimated at MXN 53.78bn.

ICA reported a sale growth of 42%, due to new contracts. On the other hand, the company expects to close new contracts and businesses abroad to increase its revenues, throughout 2015.
(content in spanish)

La empresa mexicana ICA, dedicada a la construcción de infraestructuras, ha anunciado que espera vender activos por MXN 5.000m, con el objetivo de reducir su deuda que ha sido de MXN 53.779m.

ICA ha indicado que sus ventas crecieron 42% debido a nuevos contratos. Por otro lado, la constructora también espera realizar nuevos contratos y negocios en el extranjero que impulsen sus ingresos durante 2015.

Seller


Intel ID 222970
Value EUR 297,95m (Approx.)
Native Currency Mexican Peso (MXN)
Exchange Rate:
Financial Data - Empresas ICA
(31 Dec 2016)
Revenue: EUR 935,99m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Seller

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

Radar

Date Title Type Intel Grade Country 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.