Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Tokyo  >  Mitsui & Co Ltd    8031   JP3893600001

MITSUI & CO LTD

(8031)
My previous session
Most popular
  Report  
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Mitsui : Japan's Mitsui in talks to take over suburban Brazil rail company - sources

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/08/2018 | 02:35pm EDT
FILE PHOTO: The logo of the Japanese trading company Mitsui & Co. is seen in Tokyo

SAO PAULO (Reuters) - Japanese group Mitsui & Co Ltd is in talks to acquire suburban Brazil railway company SuperVia SA after a key creditor, state-owned development bank BNDES, blocked other offers for the company, said two sources with knowledge of the matter.

One of the sources said a binding proposal led by Starboard Restructuring Partners was rejected earlier this week by the development bank, because the proposal would not transfer the SuperVia debt with BNDES to the acquirer.

Now Mitsui, already a shareholder in Odebrecht Mobilidade, a holding company that controls Rio de Janeiro-based SuperVia, with a 40 percent stake, is in talks to take over SuperVia and assume the debt with the development bank.

Talks to sell the suburban rail company are being led by Brazilian creditors of conglomerate Odebrecht SA as the corruption-ensnared group faces pressure to sell assets and reduce debt, Reuters reported.

Another proposal by United Arab Emirates' sovereign wealth fund Mubadala Development Co PJSC was rejected.

Odebrecht, Mitsui and Starboard did not immediately comment on the matter.

O Globo newspaper said in a report earlier this week Mitsui was being considered as the most probable candidate to acquire SuperVia.

(Reporting by Tatiana Bautzer)

By Tatiana Bautzer

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MITSUI & CO LTD
03/22THE LATEST : Texas AG sues company over chemical plant fire
AQ
03/22THE LATEST : Breach at Texas tank farm causes chemical spill
AQ
03/21MITSUI : Residents fret about chemical plant fire, despite assurances
AQ
03/21A tale of two projects - Mozambique LNG terminals echo global risks
RE
03/21THE LATEST : Company works to empty tank that emitted benzene
AQ
03/20MITSUI : Petrochemical blaze near Houston extinguished
AQ
03/20MITSUI : Cleanup underway after fire at Texas petrochemicals facility
AQ
03/20MITSUI : Firefighters contain petrochemical blaze, Texas expands air monitoring
AQ
03/20MITSUI : Changes of Directors and Executive Officers
PU
03/19THE LATEST : Judge: Air quality OK as wind carries smoke away
AQ
More news
Financials (JPY)
Sales 2019 6 326 B
EBIT 2019 -
Net income 2019 450 B
Debt 2019 3 335 B
Yield 2019 4,43%
P/E ratio 2019 6,98
P/E ratio 2020 7,09
EV / Sales 2019 1,02x
EV / Sales 2020 1,01x
Capitalization 3 148 B
Chart MITSUI & CO LTD
Duration : Period :
Mitsui & Co Ltd Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MITSUI & CO LTD
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 2 136  JPY
Spread / Average Target 18%
EPS Revisions
Managers
NameTitle
Tatsuo Yasunaga President, CEO & Representative Director
Masami Iijima Chairman
Takakazu Uchida Representative Director & Chief Financial Officer
Satoshi Tanaka Representative Director & Head-Public Relations
Masaki Saito GM-Information & Communications Technology
Sector and Competitors
1st jan.Capitalization (M$)
MITSUI & CO LTD9.48%28 635
MITSUBISHI CORP9.82%47 073
ITOCHU CORP13.82%29 744
SUMITOMO CORP6.24%18 389
SAMSUNG C&T CORP--.--%18 069
MARUBENI CORP6.40%12 739