OAS puts companies up for sale in judicial recovery process
OAS coloca empresas a venda por recuperação judicial
Intel ID : 223870
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Grupo OAS filed an application with Judicial Recovery Court of São Paulo, regarding nine of its companies. The initiative was the best path found by the Group to renegotiate its debt with creditors and suppliers due to intense credit restrictions since the end of last year. According to Construtora OAS's Corporate Development Director, Diego Barreto, the company will sell its assets through a judicial reorganization process to reassure investors that there will not be at risk of business being disputed in court by OAS's creditors. This sale is also driven by a decision to prioritize the Group's core business, which is Construtora OAS, engaged in heavy construction. This sale will include OAS's sahre in Invepar (24.44% of the capital), a stake in Estaleiro Enseada (17.5%), OAS Empreendimentos (80%), OAS Soluções Ambientais (100%), OAS Óleo e Gás (61%) and OAS Defesa (100%). In addition, the company will also negotiate the sale of Arena Fonte Nova (50%) and Arena das Dunas (100%).
(content in portuguese)
O Grupo OAS apresentou um pedido de Recuperação Judicial de nove de suas empresas à Justiça do Estado de São Paulo. A iniciativa foi o melhor caminho encontrado pelo Grupo para renegociar suas dívidas com credores e fornecedores diante da intensa restrição de crédito verificada desde o final do ano passado. De acordo com o diretor de Desenvolvimento Corporativo da Construtora OAS, Diego Barreto, a empresa vai vender os ativos num processo de Recuperação Judicial para dar segurança aos investidores de que não correrão risco de ter seu negócio contestado na Justiça pelos credores da OAS. O desinvestimento em ativos é motivado também pela decisão de priorizar o core business do Grupo, que é o braço de construção pesada, a Construtora OAS. Serão colocadas à venda a participação da OAS na Invepar (24,44% do negócio), a fatia no Estaleiro Enseada (17,5%), a OAS Empreendimentos (80%), a OAS Soluções Ambientais (100%), a OAS Óleo e Gás (61%) e a OAS Defesa (100%). Também serão negociadas a Arena Fonte Nova (50%) e a Arena das Dunas (100%). |
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| Intel ID | 223870 | |||||||||||
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Brazilian Real (BRL)
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Financial Data - Invepar
(31 Dec 2024) |
Revenue: EUR 520,05m EBITDA: EUR 115,66m Net Debt: EUR 103,07m Exchange Rate: 
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15.10.08 Sports, Recreation & Entertainment 15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure |
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10.01.05 Event & Tradeshow Management Services 10 Business Services / 10.01 Business & Professional Support Services 10.01.99 Other Business & Professional Support Services 10 Business Services / 10.01 Business & Professional Support Services 10.02.03 Outdoor Advertising 10 Business Services / 10.02 Marketing & Advertising 15.10.03 Cultural Sites & Attractions 15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure |
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15.10.08 Sports, Recreation & Entertainment 15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure |
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15.05.08 Food & Beverage Retail 15 Consumer Products & Services / 15.05 Distribution & Retail 15.05.99 Other Distribution & Retail 15 Consumer Products & Services / 15.05 Distribution & Retail 15.10.03 Cultural Sites & Attractions 15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure 15.10.07 Restaurants, Bars & Nightlife 15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure 45.01.02 Art, Cultural, Events & and Live Entertainment 45 Media, Entertainment & Information Services / 45.01 Entertainment |
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35.08.02 Ship Builders 35 Industrials / 35.08 Ship Building & Repair |
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35.07.07 Industrial Machinery & Equipment 35 Industrials / 35.07 Manufacturing 35.07.08 Industrial Parts & Supplies 35 Industrials / 35.07 Manufacturing 35.08.03 Ship Repair & Maintenance 35 Industrials / 35.08 Ship Building & Repair 35.09.02 Ports 35 Industrials / 35.09 Transport Infrastructure 35.10.11 Supply Chain Logistics 35 Industrials / 35.10 Transportation & Logistics 55.05.01 Aluminum Mining & Refining 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources 55.05.02 Copper & Cobalt Mining & Refining 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources 55.05.03 Gold Mining & Refining 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources 55.05.04 Iron & Steel Mining & Refining 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources 55.05.06 Precious Metals & Minerals 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources 55.05.07 Silver Mining & Refining 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources 55.05.08 Specialty Metals & Minerals 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources 55.05.99 Other Metal & Mineral Resources 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources |
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35.09.05 Toll Bridges, Roads & Highways 35 Industrials / 35.09 Transport Infrastructure |
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10.01.01 BPO/Outsource Services 10 Business Services / 10.01 Business & Professional Support Services 10.01.02 Consulting & Professional Development Services 10 Business Services / 10.01 Business & Professional Support Services 25.04.03 Holding Companies / Financial Holding Companies 25 Financial Services / 25.04 Other Financial Services |
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25.04.03 Holding Companies / Financial Holding Companies 25 Financial Services / 25.04 Other Financial Services |
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10.01.03 Distributors & Wholesalers (B2B) 10 Business Services / 10.01 Business & Professional Support Services 10.01.12 Security Services 10 Business Services / 10.01 Business & Professional Support Services 35.06.02 Industrial Maintenance & Repair Services 35 Industrials / 35.06 Industrial Services 40.03.07 IT Consulting, Development & Outsourcing 40 Information Technology / 40.03 Internet, Software & IT Services |
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20.05.02 Water Utilities 20 Energy & Utilities / 20.05 Water Services |
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20.05.01 Sewage Treatment 20 Energy & Utilities / 20.05 Water Services 25.04.03 Holding Companies / Financial Holding Companies 25 Financial Services / 25.04 Other Financial Services 35.05.04 Hazardous Waste Management & Disposal Services 35 Industrials / 35.05 Environment & Waste Management 35.05.07 Non-hazardous Waste Management & Disposal Services 35 Industrials / 35.05 Environment & Waste Management |
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25.03.01 Real Estate Development & Operating Companies 25 Financial Services / 25.03 Real Estate |
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10.01.02 Consulting & Professional Development Services 10 Business Services / 10.01 Business & Professional Support Services 25.03.03 Real Estate Services 25 Financial Services / 25.03 Real Estate 25.04.03 Holding Companies / Financial Holding Companies 25 Financial Services / 25.04 Other Financial Services 35.03.02 Building Contractors 35 Industrials / 35.03 Construction & Engineering 35.03.03 Construction & Engineering (Non Residential) 35 Industrials / 35.03 Construction & Engineering 35.03.05 Homebuilders (Residential) 35 Industrials / 35.03 Construction & Engineering 35.03.99 Other Construction & Engineering 35 Industrials / 35.03 Construction & Engineering |
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20.02.08 Oil & Gas Transportation (Midstream) 20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels |
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35.03.99 Other Construction & Engineering 35 Industrials / 35.03 Construction & Engineering |
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10.01.01 BPO/Outsource Services 10 Business Services / 10.01 Business & Professional Support Services |
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Mergers & Acquisitions
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
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.