Radar > 235376

Pacific does not rule out sale agreement with Catalyst Capital Group

Pacific no descarta acuerdo de venta con Catalyst Capital Group

Intel ID : 235376
Synopsis

Pacific Exploration & Production (TSX:PRE; BVC:PREC), a Canada-based oil company, announced it is analyzing possible proposals, jointly with its advisers, to strengthen its capital structure, as reported by the company through a press release submitted to Securities Commission SVC on 7 April 2016.

The company made the announcement due to published news which mention the group could be close to reaching a sale agreement, by its presidents Serafino Iacono y Miguel de la Campa, with the support from Catalyst Capital Groupl (see related intel), which could submit an offer superior to that of Mexico-based Alfa (BMV:ALFA) (see related intel).
(content in spanish)

Pacific Exploration & Production (TSX:PRE; BVC:PREC), firma canadiense de explotación de petróleo, se encuentra evaluando junto con sus asesores posibles propuestas para fortalecer su estructura de capital, según ha informado la propia petrolera en un comunicado de prensa remitido a la Superintendencia de Valores de Colombia el 7 de abril de 2016.

La firma se ha pronunciado debido a las noticias emitidas en las que se señala que la compañía está cerca de llegar a un acuerdo para ser adquirida por parte de sus presidentes, Serafino Iacono y Miguel de la Campa, con el apoyo de Catalyst Capital Group (ver Intel relacionado), que podrían haber realizado una oferta superior a la presentada por la mexicana Alfa (BMV:ALFA) (ver Intel relacionado).

Relevant Documents


Intel ID 235376
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Pacific Exploration & Production
(31 Dec 2013)
Revenue: -
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Target

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

Related Entity

Name
Subsector (Old TTR Sectors)
Industry / Food (Primary)
Industry / Chemical and Chemical Materials
Technology and Telecoms / Telecoms
Primary Sector (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Secondary Sectors (TTRSC)
15.07.03 Dairy Products
15 Consumer Products & Services / 15.07 Food

15.07.09 Processed & Packaged Foods
15 Consumer Products & Services / 15.07 Food

20.02.05 Oil & Gas Exploration & Production (Upstream)
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

55.02.05 Plastics
55 Raw Materials & Natural Resources / 55.02 Chemicals

55.06.04 Synthetic Textiles
55 Raw Materials & Natural Resources / 55.06 Textiles, Fibers & Related Materials

60.02.01 Integrated Communication Services
60 Telecommunications / 60.02 Telecommunications & Networking 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.