Radar > 225707

Sociedad Comercial del Plata denies going public and announces asset acquisition in Argentina

Sociedad Comercial del Plata desmiente su salida a bolsa en Nueva York y estudia la adquisición de activos en Argentina

Intel ID : 225707
Synopsis

Sociedad Comercial del Plata (BCBA:COME.BA), an Argentina-based real estate company, denied the rumors announcing its plans to go public on the New York Stock Exchange, as published by newspaper Cronista on 29 May 2015.

In addition, the company announced that after closing its debt restructuring process valued at USD 800m, it is now considering asset acquisitions in Argentina, to integrate them in its portfolio of companies in the country.
(content in spanish)

Sociedad Comercial del Plata (BCBA:COME.BA), empresa argentina dedicada a la gestión de inversiones societarias, ha desmentido ciertos rumores del mercado que apuntaban al inicio de la cotización de la sociedad en la bolsa de Nueva York, según ha publicado Cronista en un artículo del 29 de mayo de 2015.

Además de este anuncio, la compañía ha comentado que, tras cerrar un proceso de reestructuración de una deuda que llegó a USD 800m, están estudiando adquirir nuevos activos para incorporar al portfolio de empresas bajo su control en Argentina.

Intel ID 225707
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Sociedad Comercial del Plata
(31 Dec 2012)
Revenue: -
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Bidder

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

Secondary Sectors (TTRSC)
15.07.06 Grain Milling
15 Consumer Products & Services / 15.07 Food

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

35.10.08 Rail Freight Transport
35 Industrials / 35.10 Transportation & Logistics

55.03.01 Aggregates & Other Raw Construction Materials
55 Raw Materials & Natural Resources / 55.03 Construction Materials

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potential Potential: Unconfirmed as a party to an active or possible transaction.

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prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

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