Radar > 244447

Odebrecht intends to sell assets in 2017

Odebrecht pretende vender ativos em 2017

Intel ID : 244447
Synopsis

Odebrecht, a Bahia, Brazil-based construction and petrochemicals group, intends to sell assets in 2017, reported Exame on 17 January 2017, citing Odebrecht's press office.

According to the news, the plan includes selling more assets than previously announced and close new construction contracts. The assets to be soldare related to higher liquidity segments or that had not become business lines. In Brazil, the company would rather contracts with private companies than state-owned.

Odebrecht would be designing a 2017 survival plan after paying a billion fine. At the meeting held in December 2016, the conglomerate discussed its plan to focus on two businesses: the construction sector and the 50.01% held in Braskem.
(content in portuguese)

A Odebrecht, grupo empresarial brasileiro com sede na Bahia, que se dedica às áreas de construção e petroquímica, pretende vender ativos em 2017, segundo publicou a Exame no dia 17 de janeiro de 2017, citando a assessoria de imprensa da Odebrecht.

Segundo a notícia, o plano inclui vender mais ativos do que os já anunciados e conseguir novos contratos de construção.Os ativos que estão em alienação são primordialmente relacionados a segmentos de maior liquidez ou que não haviam se tornado linhas de negócio. No Brasil, a empresa planeja priorizar contratos com empresas privadas em vez de estatais.

A Odebrecht estaria desenhando um plano de sobrevivência para 2017 após haver pagado uma multa bilionária. Na reunião realizada em meados de dezembro de 2016, o conglomerado discutiu seu plano de focar em dois negócios: o setor de construção e a Braskem, onde detêm 50,01% do capital social.

Seller


Intel ID 244447
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Novonor
(31 Dec 2024)
Revenue: EUR 13.186,07m
EBITDA: EUR 878,59m
Net Debt: EUR 14.321,46m
Exchange Rate:
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Seller

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

Secondary Sectors (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

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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.

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