Radar > 217495

Unicaja Banco and Abanca could acquire Grupo Ahorro Corporación

Unicaja Banco y Abanca podrían adquirir Grupo Ahorro Corporación

Intel ID : 217495
Synopsis

Spanish financial institutions Unicaja Banco and Abanca (former Novagalicia Banco) could acquire Grupo Ahorro Corporación, a Spain-based financial services company. The sale has financial advice from KPMG.

This deal could be carried out through the acquisition of a stake in the company's share capital by the current company's shareholders. Sellers could include Bankia, Banco Sabadell and BBVA.
(content in spanish)

Las entidades financieras españolas Unicaja y Abanca (ex Novagalicia Banco) podrían adquirir la compañía de servicios financieros Grupo Ahorro Corporación. El proceso de venta está siendo asesorado por KPMG.

La operación también podría realizarse mediante la compra de un porcentaje accionarial por parte de los actuales directivos de la compañía. Entre los posibles vendedores se podrían encontrar Bankia, Banco Sabadell y BBVA.

Seller

Ultimate Owner (Seller)


Intel ID 217495
Value ND
Native Currency Euro (EUR)
Financial Data - Grupo Ahorro Corporación
(31 Dec 2018)

People: 110
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Primary Subsector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking (Primary)
25 Financial Services / 25.01 Banking & Investment

50.02.07 Social & Development NGOs (Primary)
50 Public Services & NGOs / 50.02 Non-Governmental Institutions, Organizations & Associations

Secondary Subsectors (TTRSC)
25.01.99 Other Banking & Investment
25 Financial Services / 25.01 Banking & Investment

Type
Intel Grade
Source
Tags

Bidder

Name
potential
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)
25.01.05 Corporate, Sovereign & Trade Finance
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Bidder

Name
potential
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)
25.01.99 Other Banking & Investment
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.06 Financial Exchanges
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)
25.01.03 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

Seller

Name
potential
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

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.99 Other Banking & Investment
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Ultimate Owner (Seller)

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
50.02.07 Social & Development NGOs
50 Public Services & NGOs / 50.02 Non-Governmental Institutions, Organizations & Associations

Country
Website
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.