Radar > 242565

Pampa Energía President seeking potential buyers for assets acquired from Petrobras Argentina

Presidente de Pampa Energía buscaría interesados para vender activos adquiridos a Petrobras Argentina

Intel ID : 242565
Synopsis

Pampa Energía (BCBA:PAMP; NYSE:PAM) President Marcelo Mindlin may be interested in seeking potential buyers to launch the sale process of assets of Petrobras Argentina (BCBA:PESA), reported El Cronista on 16 November 2016, citing sources familiar with the company.

Following Pampa Energía (BCBA:PAMP; NYSE:PAM) closed the acquisition of 67.2% of Petrobras Argentina from Petrobras (BVMF:PTR3, PETR4, PBRA; BMAD:XPBR, XPBRA; NYSE:PBR, PBRA) (see related transaction), Mindlin may be studying offers for some assets acquired in this transaction, such as a refinery located in Bahía Blanca and 269 service stations distributed in the province of Buenos Aires and the city of Buenos Aires.

Though neither the sum nor the names of the interested parties were disclosed, Pampa may have received five acquisition proposals for the refining and distribution business.
(content in spanish)

El presidente de Pampa Energía (BCBA:PAMP; NYSE:PAM), Marcelo Mindlin, se encontraría interesado en buscar compradores para iniciar el proceso de venta de activos de Petrobras Argentina (BCBA:PESA), según ha informado El Cronista el 16 de noviembre de 2016, citando fuentes cercanas a la compañía.

Luego de que Pampa Energía ha concluido la adquisición del 67,19% de Petrobras Argentina a Petrobras (BVMF:PTR3, PETR4, PBRA; BMAD:XPBR, XPBRA; NYSE:PBR, PBRA) (ver transacción relacionada), Marcelo Mindlin estaría estudiando ofertas por algunos activos adquiridos en esta transacción, como una refinería ubicada en Bahía Blanca y de 269 estaciones de servicio que se se distribuyen en la provincia de Buenos Aires y Capital Federal.

Aunque no ha trascendido el monto ni los nombres de los interesados, habrían recibido cinco propuestas de compra por el negocio de refinación y distribución.

Seller


Intel ID 242565
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Pampa Energía
(31 Dec 2022)
Revenue: EUR 1.280,09m
EBITDA: EUR 462,09m
Net Debt: EUR 2.202,46m
Exchange Rate:
Date
Country
Region
Continent -
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Seller

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Electric (Primary)
Energy and Renewable Energies / Oil and Gas
Energy and Renewable Energies / Wind
Primary Sector (TTRSC)
20.03.05 Electric Utilities
20 Energy & Utilities / 20.03 Power Generation & Electric Utilities

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

20.04.09 Wind Power
20 Energy & Utilities / 20.04 Renewable Energy

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) 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.