Radar > 232932

OAS files for bankruptcy

OAS avança com sua recuperação judicial

Intel ID : 232932
Synopsis

OAS, a construction company headquartered in São Paulo, received approval for judicial recovery from the Court, as published by newspaper Valor Econômico on 14 January 2016, citing company sources.

According to the news, the next step now is to issue a notice and book a for the auction to sell a stake in Invespar, a subsidiary engaged in infrastructure. Canada-based Brookfield Asset Management may have already submitted an offer for BRL 1.35bn. The assets to be sold include sanitation and oil and gas companies held by the group. (see related Intel)
(content in portuguese)

A OAS, empresa que se dedica ao segmento de construção com sede em São Paulo, teve seu plano de recuperação judicial homologado pela Justiça, segundo publicou o Valor Econômico em 14 de janeiro de 2016, citando a própria empresa como fonte.

De acordo com a notícia, o próximo passo agora é elaborar o edital e marcar a data do leilão para venda da fatia que a empreiteira detém na holding de infra-estrutura Invepar, e a canadense Brookfield Asset Management já teria feito uma oferta de BRL 1,35bi. Também está na lista de ativos a serem vendidos as empresas de saneamento e de óleo e gás do grupo. (ver Intels relacionados).

Target

OAS
Brazil

Intel ID 232932
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - OAS
(31 Dec 2015)
Revenue: -
Net Debt: -
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Real Estate and Construction / Construction (Materials and Machinery) (Primary)
Primary Sector (TTRSC)
35.03.99 Other Construction & Engineering
35 Industrials / 35.03 Construction & Engineering

Secondary Sectors (TTRSC)
10.01.01 BPO/Outsource Services
10 Business Services / 10.01 Business & Professional Support Services

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.