Inepar receives offer to sell plants

Inepar receives offer to sell plants

Corporate & Sovereign Strategy Equity M&A Brazil United States Capital Markets

Brazilian manufacturing group Inepar said it received a $125 million offer to sell two industrial units to US hedge fund Melville Capital Group in "an important element to finalize the restructuring process," according to a securities filing on Tuesday. According to the terms of the deal, Melville will pay for 15% of the transaction within 30 days of the signing the contract and the rest within 30 days after the deal is approved by the judge in charge of the bankruptcy proceedings. Inepar has be

Already have an account?

Free trial

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

Free Trial