Radar > 223138

PDVSA keen on increasing stake in Uruguay-based Alur

PDVSA quiere ampliar su participación en la uruguaya Alur

Intel ID : 223138
Synopsis

PDVSA, a Venezuela state-owned oil company, plans to increase by 10% its stake in Uruguay-based Alur, a ethanol producer and food products, held by Grupo Ancap.

If this deal materializes, it would be carried out through Alur's capital increase to capitalize the company. PDVSA controls over 5% of the capital.
(content in spanish)

PDVSA, compañía petrolera estatal venezolana, quiere ampliar su participación a un 10% en el capital social de la uruguaya Alur, dedicada a la producción de etanol y productos alimenticios y propiedad de Grupo Ancap.

De llevarse a cabo la operación, esta se realizaría a través de una ampliación de capital llevada a cabo por Alur con el objetivo de capitalizar la compañía. PDVSA es propietaria de algo más de 5% de la entidad.

Bidder

PDVSA
Venezuela

Target

Alur
Uruguay

Seller

ANCAP
Uruguay

Intel ID 223138
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Primary Sector (TTRSC)
20.02.02 Multiline Oil & Gas
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

Country
Website
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Industry / Food
Primary Sector (TTRSC)
20.04.01 Biofuels
20 Energy & Utilities / 20.04 Renewable Energy

Country
Website
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Primary Sector (TTRSC)
20.02.05 Oil & Gas Exploration & Production (Upstream)
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

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.