Radar > 220892

OHL considers sale of 25% stake in Mexican subsidiary Conmex

OHL analiza la venta del 25% de su filal mexicana Conmex

Intel ID : 220892
Synopsis

Spanish infrastructure company OHL, through its subsidiary OHL México, could be looking for new partners for its Mexican subsidiary Concesionaria Mexiquense (Conmex), by selling a 25% stake in the company's share capital. The objective is obtain resources to improve its financial statements.

According to financial sources, Conmex's sale is a less natural step for OHL, taking into consideration its usual practice regarding highway projects.
(content in spanish)

La compañía española de infraestructuras OHL, a través de su filial OHL México, podría estar buscando nuevos socios que entrasen en el capital social de Concesionaria Mexiquense (Conmex) con un 25% del accionariado. El objetivo de la empresa española sería obtener recursos para mejorar sus balances.

Según fuentes financieras, la desinversión parcial en Conmex es poco menos que un paso natural para OHL si se atiende a la práctica habitual en el sector de las autopistas.

Seller

Ultimate Owner (Seller)

OHL
Spain

Intel ID 220892
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
Subsector (Old TTR Sectors)
Infrastructure / Roads and Highways (Primary)
Primary Sector (TTRSC)
35.09.05 Toll Bridges, Roads & Highways
35 Industrials / 35.09 Transport Infrastructure

Country
Website
Description

Seller

Name
Subsector (Old TTR Sectors)
Infrastructure / Roads and Highways (Primary)
Infrastructure / Ports
Primary Sector (TTRSC)
35.09.05 Toll Bridges, Roads & Highways
35 Industrials / 35.09 Transport Infrastructure

Secondary Sectors (TTRSC)
35.09.01 Aerodromes & Airports
35 Industrials / 35.09 Transport Infrastructure

35.09.02 Ports
35 Industrials / 35.09 Transport Infrastructure

Country
Website
Description

Ultimate Owner (Seller)

Name
Subsector (Old TTR Sectors)
Real Estate and Construction / Construction (Materials and Machinery) (Primary)
Services and Distribution / Consultancy, Audit and Engineering
Infrastructure / Roads and Highways
Primary Sector (TTRSC)
35.03.03 Construction & Engineering (Non Residential)
35 Industrials / 35.03 Construction & Engineering

Secondary Sectors (TTRSC)
10.01.06 Facility Management & Maintenance Services
10 Business Services / 10.01 Business & Professional Support Services

20.04.02 Biomass
20 Energy & Utilities / 20.04 Renewable Energy

20.04.04 Hydro Power
20 Energy & Utilities / 20.04 Renewable Energy

20.04.08 Solar Power
20 Energy & Utilities / 20.04 Renewable Energy

20.04.09 Wind Power
20 Energy & Utilities / 20.04 Renewable Energy

25.03.01 Real Estate Development & Operating Companies
25 Financial Services / 25.03 Real Estate

35.03.01 Architecture & Interior Design
35 Industrials / 35.03 Construction & Engineering

35.03.05 Homebuilders (Residential)
35 Industrials / 35.03 Construction & Engineering

35.09.02 Ports
35 Industrials / 35.09 Transport Infrastructure

35.09.03 Railway Infrastructure
35 Industrials / 35.09 Transport Infrastructure

35.09.05 Toll Bridges, Roads & Highways
35 Industrials / 35.09 Transport Infrastructure

Country
Website
Description

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.