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Celsa finalizes selection of banks to advise on exit of its owner funds

FinanceInternationalPressDigitalAI summary
Image: PressDigital

Celsa is moving forward with hiring the banks that will advise on the exit of the funds controlling its shareholder base —SVP, Attestor, Golden Free and Cross Ocean—, which together hold 98% of the capital. Company sources told Europa Press that the process is ongoing but nothing has been finalized yet. According to Expansión, it is negotiating with Rothschild as board adviser and with Citi, Goldman Sachs and Barclays as global coordinators. Chairman Rafael Villaseca said in October that the operation will be done "without haste and without urgency".

In 45 seconds

  • Celsa's four owner funds (SVP, Attestor, Golden Free and Cross Ocean) hold 98% of the shareholding and want to exit together
  • The company is negotiating with Rothschild as board adviser and with Citi, Goldman Sachs and Barclays as global coordinators, according to Expansión
  • Celsa says the process is advancing but nothing has been finalized with anyone yet
Read the full story at PressDigital

IASummary generated by artificial intelligence from a story by PressDigital. It may contain errors: the original source prevails.

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