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    ALPEK A   MX01AL0C0004

ALPEK, S.A.B. DE C.V.

(ALPEK A)
  Report
End-of-day quote Mexican Stock Exchange  -  2022-11-24
28.11 MXN   -0.35%
11/22Analysis-Mexican companies could resort to more spinoffs to enhance market value
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11/07ALPEK, S.A.B. DE C.V. : Ex-dividend day for final dividend
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10/21Transcript : ALPEK, S.A.B. de C.V., Q3 2022 Earnings Call, Oct 21, 2022
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ALPEK, S.A.B. de C.V. (BMV:ALPEK A) completed the acquisition of OCTAL Holding SAOC from bank muscat SAOG and others.

05/31/2022 EST

ALPEK, S.A.B. de C.V. (BMV:ALPEK A) agreed to acquire OCTAL Holding SAOC from bank muscat SAOG (MSM:BKMB) and others for $620 million on February 1, 2022. Alpek will purchase 100% of Octal's shares for U.S. $620 million on a debt-free basis. Financing for the acquisition will be secured through cash on the Company's balance sheet, free cash flow generated from existing businesses and dedicated bank loans. The transaction is subject to customary conditions to closing, including the approval of relevant regulatory authorities. As of April 26, 2022, regulatory approval was received. The transaction is expected to close in the first half of 2022. As of April 26, 2022, the transaction is expected to close by the end of second quarter of 2022. The deal would have an immediately accretive and material impact on EBITDA of an estimated U.S. $135 million before synergies, based on Octal's rolling 12-month EBITDA through September 30, 2021. J.P. Morgan acted as exclusive financial advisor to OCTAL and Christopher Lester and Nomaan A. Raja of Latham & Watkins LLP were legal advisors to OCTAL. HSBC Holdings plc (LSE:HSBA) acted as financial advisor to ALPEK. Jeff L. White of Weil, Gotshal & Manges LLP acted as legal advisor to ALPEK, S.A.B. de C.V. (BMV:ALPEK A).

ALPEK, S.A.B. de C.V. (BMV:ALPEK A) completed the acquisition of OCTAL Holding SAOC from bank muscat SAOG (MSM:BKMB) and others on May 31, 2022.


ę S&P Capital IQ 2022
Stocks mentioned in the article
ChangeLast1st jan.
ALPEK, S.A.B. DE C.V. -0.35% 28.11 End-of-day quote.26.17%
BANK MUSCAT SAOG -0.36% 0.277 End-of-day quote.20.19%
All news about ALPEK, S.A.B. DE C.V.
11/22Analysis-Mexican companies could resort to more spinoffs to enhance market value
RE
11/07ALPEK, S.A.B. DE C.V. : Ex-dividend day for final dividend
FA
10/21Transcript : ALPEK, S.A.B. de C.V., Q3 2022 Earnings Call, Oct 21, 2022
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10/20Mexico's Alfa Q3 profit nearly doubles on petrochemical boost
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10/20ALPEK, S.A.B. de C.V. Reports Earnings Results for the Third Quarter and Nine Months En..
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08/10Alpek B De C : joins Cyclyx, a recycled feedstock consortium
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07/21ALPEK Looks for Mergers and Acquisitions
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07/21Transcript : ALPEK, S.A.B. de C.V., Q2 2022 Earnings Call, Jul 21, 2022
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07/20Mexico's Alfa Q2 net profit more than doubles on Alpek success
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07/20ALPEK, S.A.B. de C.V. Reports Earnings Results for the Second Quarter and Six Months En..
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More news
Financials
Sales 2022 199 B 10 290 M 10 290 M
Net income 2022 15 644 M 809 M 809 M
Net Debt 2022 24 175 M 1 250 M 1 250 M
P/E ratio 2022 3,97x
Yield 2022 8,49%
Capitalization 59 227 M 3 063 M 3 063 M
EV / Sales 2022 0,42x
EV / Sales 2023 0,43x
Nbr of Employees 7 334
Free-Float 99,5%
Chart ALPEK, S.A.B. DE C.V.
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ALPEK, S.A.B. de C.V. Technical Analysis Chart | MarketScreener
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Technical analysis trends ALPEK, S.A.B. DE C.V.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Last Close Price 28,11 MXN
Average target price 35,47 MXN
Spread / Average Target 26,2%
EPS Revisions
Managers and Directors
JosÚ de Jes˙s Valdez Simancas Chief Executive Officer
JosÚ Carlos Pons de la Garza Chief Financial Officer & Head-Administration
Armando Garza Sada Director
Francisco JosÚ Calderˇn Rojas Independent Director
AndrÚs Enrique Garza Herrera Independent Director
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