Radar > 217514

US-based Pimco, Spain-based Iberostar and Switzerland-based Helvetia may have submitted an offer to acquire Hotéis Tivoli

La empresa norteamericana Pimco, la española Iberostar e la suiza Helvetia podrían adquirir Hotéis Tivoli

A norte-americana Pimco, a espanhola Iberostar e a suíça Helvetia teriam oferecido proposta de comprar para Hotéis Tivoli

Intel ID : 217514
Synopsis

A consortium constituted by US-based Pimco, Spain-based Iberostar and Switzerland-based Helvetia may have submitted the best offer to acquire Tivoli Hotels & Resorts, for EUR 333m. The seller Rio Forte, held by Grupo Espírito Santo International (Grupo Espírito Santo) received four proposals to acquire the hotel chain, which is currently under analysis.

The other offers came from: a Thai group, US-based fund Cerberus, and from a Portuguese investor whose name was not disclosed.
(content in spanish)

Un consorcio formado por la estadounidense Pimco, la española Iberostar y la compañía suiza Helvetia podrían haber presentado la mejor oferta para comprar Tivoli Hotels & Resorts por un importe de EUR 333m. El vendedor, Rio Forte, que pertenece a Espírito Santo Iternational (Grupo Espírito Santo) habría recibido cuatro propuestas por los activos hoteleros y actualmente se encuentra en proceso de análisis.

Las otras propuestas se han presentado por un grupo tailandés, el fondo estadounidense Cerberus y por un inversor portugués del que no se ha conocido el nombre.
(content in portuguese)

O consórcio formado pela norte-americana Pimco, a espanhola Iberostar e a suíça Helvetia teria oferecido a melhor proposta para comprar Tivoli Hotels & Resorts pelo valor EUR 333m. O vendedor Rio Forte, que pertence ao Espírito Santo Iternational (Grupo Espírito Santo) recebeu quatro propostas pela cadeia hoteleira e está a analisar.

As outras propostas que foram apresentadas ao grupo foram formuladas por um grupo tailandês, pelo fundo Cerberus e por um investidor português não identificado.

Bidder

PIMCO
United States

Target

Seller

Luxembourg

Intel ID 217514
Value EUR 333,00m
Native Currency Euro (EUR)
Financial Data - Hotéis Tivoli
(31 Dec 2015)
Revenue: EUR 142,05m
EBITDA: EUR 30,13m
Net Debt: EUR 93,16m
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.02.03 Insurance Brokerage
25 Financial Services / 25.02 Insurance

Country
Website
Description

Bidder

Name
Subsector (Old TTR Sectors)
Services and Distribution / Tourism, Hotels and Restaurants (Primary)
Primary Sector (TTRSC)
15.10.06 Hotels, Resorts & Accommodations
15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure

Country
Website
Description

Bidder

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.01 Asset Management
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Target

Name
Subsector (Old TTR Sectors)
Services and Distribution / Tourism, Hotels and Restaurants (Primary)
Primary Sector (TTRSC)
15.10.06 Hotels, Resorts & Accommodations
15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure

Country
Website
Description

Seller

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
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.