Quiñenco S.A. completed the sale of 5% of Nexans for US$310 million, reflecting a strategic move to optimize its investment portfolio and enhance shareholder value.
Target Information
Quiñenco S.A., a prominent Chilean holding company, has successfully completed the sale of 5% of its shares in Nexans, a global leader in cable manufacturing, for a total of US$310 million. This strategic divestment signifies Quiñenco's ongoing efforts to optimize its investment portfolio while capitalizing on favorable market conditions.
This sale not only marks a significant financial maneuver for Quiñenco but also reflects its commitment to enhancing shareholder value. With robust earnings reported in the first half of 2025 totaling Ch$337,055 million, the company is in a prime position to pursue further growth and investment opportunities.
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Industry Overview
The cable manufacturing industry in Chile has shown significant resilience and growth, largely driven by infrastructural developments and increasing demand for energy-efficient solutio
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Quiñenco
invested in
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in 2024
in a Other deal
Disclosed details
Transaction Size: $310M
Equity Value: $234M