Televisa Deal Seen Pricey

Televisa Deal Seen Pricey

Mexico Equity M&A

Televisa officially announced its plans to acquire 50% of Iusacell’s equity for $1.6bn on the Mexican stock exchange Thursday, in a deal analysts and bankers describe as pricey for the buyer. “It looks expensive,” says one Sao Paulo-based equity analyst. The deal implies a valuation of $3.2bn for the company, though the cost of the transaction is difficult to evaluate without knowing Iusacell’s capital structure and in the absence of recent company data, according to another equity analyst. “The

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial