Radar > 223349

UBS and JP Morgan could be Euskaltel's advisors to go public

UBS y JP Morgan podrían asesorar a Euskaltel en su salida a bolsa

Intel ID : 223349
Synopsis

Spanish telecommunications company Euskaltel could have hired UBS and JP Morgan to coordinate the initial public offering to sell 48% of the capital. The company's value could reach EUR 1.5bn.

According to financial sources, private equity funds Trilantic and Investindustrial, which invested EUR 198m in Euskaltel in December 2012, could be chosen to sell their stake to carry out the Initial Public Offering. (see related transactions)

Two years ago, Euskaltel was vlaued at EUR 600m, and today its value ranges between EUR 1.35bn and EUR 1.5bn, with a gross profit of approximately EUR 150m.
(content in spanish)

La empresa española de telecomunicaciones Euskaltel podría haber contratado a UBS y JP Morgan como coordinadores de la oferta pública de venta del 48% de su capital. La valoración de la compañía podría alcanzar la cifra de EUR 1.500m.

Según fuentes financieras, los fondos de private equity Trilantic e Investindustrial que invirtieron en Euskaltel en diciembre de 2012 sean los elegidos para vender su participación, que fue adquirida por EUR 198m para llevar a cabo su salida a bolsa. (Ver transacciones relacionadas)

Euskaltel, hace apenas dos años, estaba valorada en EUR 600m y hoy día se sitúa entorno a EUR 1.350m y EUR 1.500m, con un beneficio bruto de explotación próximo a los EUR 150m.

Issuer

Euskaltel
Spain

Advisors

retained
retained
retained

Intel ID 223349
Value EUR 1.500,00m (Approx.)
Native Currency Euro (EUR)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Issuer

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
60.02.01 Integrated Communication Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

Country
Website
Description

Seller

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

Seller

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

Financial Advisory

Radar

Date Title Type Intel Grade Country Subsector  

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    

Equity Capital Markets

Date Issuer/Buyer Type Country 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.