Economy Duro Felguera receives proposals from four potential private investors

Duro Felguera receives proposals from four potential private investors

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The Asturian company, which has not provided the names of the investors, has indicated that it is studying them

 

  • Business.

    Duro Felguera asks the State for a rescue of 200 million to avoid bankruptcy

Hard Felguera has received proposals from four potential private investors during the recruitment process launched by the company and directed by Alantra, as reported this Thursday by the company to the National Securities Market Commission (CNMV).

The Asturian company, which has not provided the names of the interested investors, has indicated that these four potential investors have submitted the corresponding non-binding offers and that está estudiándolas.

“After analyzing the phase of prospecting for indications of interest, proposals have been received from four potential private investors (…). Said offers are being evaluated,” he explained to the supervisor.

In any case, Duro Felguera has communicated that it is continuing to process the request for temporary public support for the rescue fund for Strategic Companies managed by SEPI. The company formally requested the help of this Fund on August 29, at that it would have requested financing for around 100 million euros, to guarantee its viability.

On October 23, the company confirmed to the CNMV that businessman Blas Herrero, president of the Kiss Group, had offered to Alantra, your financial advisor in the restructuring process, to participate in the process of attracting private investors in the company.

Herrero authorized Alantra to contact him directly to be able to invest in Duro Felguera after exchanging various documents with the company and the latter transferred its willingness to join the process.

“The company has shown, at all times, its willingness to have Mr. Herrero Fernández join the process of attracting private investors in the same, if that were his intention,” Duro Felguera explained to the supervisor.

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