Radar > 219026

US-based fund Lone Star wants to acquire real estate company Lusotur

El fondo estadounidense Lone Star quiere adquirir la inmobiliaria Lusotur

O fundo norte-americano Lone Star quer adquirir imobiliária Lusotur

Intel ID : 219026
Synopsis

BBVA received the best offer in the sale of Lusotur. The acquisition offer was made by Lone Star, a US-based real estate company.

Although the deal value was not disclosed, it is known that it should be less than half of Lusotur's appraisal, which is some EUR 500m, according to bank's financial statements.
(content in spanish)

BBVA ha recibido la mejor propuesta considerada para la venta de la empresa Lusotur. La oferta de compra de la promotora inmobiliaria llega del fondo estadounidense Lone Star.

El valor de la propuesta, a pesar de no ser conocido, se habrá quedado en menos de la mitad de la evaluación de Lusotur que figura en el balance de los bancos, rondando los EUR 500m.
(content in portuguese)

O BBVA recebeu aquela que é considerada a melhor proposta para a venda da Lusotur. A oferta de compra da promotora imobiliária chega do fundo norte-americano Lone Star.

O valor da proposta, apesar de não ser conhecido, terá ficado em menos da metade da avaliação da Lusotur que figura no balancete dos bancos, rondando os EUR 500m

Bidder

Target

Portugal

Seller

BBVA
Spain

Intel ID 219026
Value ND
Native Currency Euro (EUR)
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)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Target

Name
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Primary Sector (TTRSC)
25.03.01 Real Estate Development & Operating Companies
25 Financial Services / 25.03 Real Estate

Country
Website
Description

Seller

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.08 Investment Banking & Brokerage Services
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

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.