Lomas Bayas copper mine held by Glencore attracts new buyers
Nuevos interesados en la mina de cobre Lomas Bayas de Glencore
Intel ID : 234810
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Lomas Bayas copper mine, held by Switzerland-based Glencore, may have new interested buyers, as published by newspaper Diario Finanaciero on 17 March 2016. Besides Chile-based Copec's interest in this acquisition (see related intel), Aaron Regent, former CEO of Barrick Gold, also showed interest in acquiring this asset since the beginning of the sale process. Despite these offers, Lomas Bayas has not announced any decision, although it is estimated the process will conclude in the first semester of 2016.
(content in spanish)
Nuevos ofertantes podrían estar interesados en la adquisición de la mina de cobre Lomas Bayas, propiedad de la suiza Glencore, según ha informado Diario Financiero el 17 de marzo de 2016. Además del interés de adquisición de la firma chilena Copec (ver Intel relacionado), también se encuentra Aaron Regent, ex CEO de Barrick Gold, que ha estado interesado en el activo desde el proceso de enajenación. Pese a la existencia de las ofertas, Lomas Bayas aún no ha comunicado ninguna decisión, aunque se espera que se cierre el proceso en el primer semestre de 2016. |
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Financial Data - Copec
(31 Dec 2013) |
Revenue: EUR 17,65m EBITDA: EUR 1,43m Exchange Rate: 
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20.02.07 Oil & Gas Storage, Distribution & Retail (Downstream) 20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels |
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55.05.04 Iron & Steel Mining & Refining 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources |
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20.02.01 Coal & Lignite Production 20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels 55.05.08 Specialty Metals & Minerals 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
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.