Ferroglobe directors in June 2022 at the Galician Ferroatlántica plant on the occasion of its 50th anniversary Author: MARCOS MIGUEZ
The group is selling the remaining 7 percent in the construction company it founded 36 years ago for EUR 24 million
He Villar Mir group has definitely left the capital OHLANow controlled by the Mexican brothers of Amodio, with a transfer to Tryus, a creditor fund associated with his debt, his last stock package, 7%, for the amount of EUR 23.5 million.
The transfer occurred on March 2 and last night, both sides, Grupo Villar Mir and the Fund based in Monaco, informed the National Commission for the Securities Market (CNMV).
These are a total of 41,948,610 shares that traded at 0.56 euros that day, which are now in Tyrus’s hands, a fund under control of Antoine Georges Cherouii, becoming the third largest shareholder of the construction company, behind only amiodios and the bottom of Sand Grove (Simon Davis (Simon Davis Davis ).
Villar Mir, who controlled his share in Ohla via Inmobiliaria Espacio, remained with the remaining portfolio of 6,001 shares, with a current market price of 3,721 euros.
The family ends his 36-year career, since Juan Miguel Villar Mir in 1987 bought a construction company Obuscón of Altos Hornos de Vizcaye, and in 1999 OHL was founded, two years ago renamed Oce.
As part of this new phase, OHLA is currently immersed in a sale process with the aim of continuing to reduce its debt. In this context, the company requested certain changes in the conditions of the restructuring process from the bondholders.
Your property in Galicia
Villar Mir remains the first shareholder of the company group of ferroglobuses, with 43.7% of the capital, which is listed on the New York Stock Exchange. In Galicia, it owns Ferroatlántica, with a factory in the municipality of Coruña in Arteix affected by the temporary employment document (ERTE). Also, from Ferroglobe. These were Ferroatlántice Factories in Ceea and Dumbri and several hydraulic factories in Xallas, but in mid -2019 it sold this property for 170 million euros to the US TPG Sixth Street Partners, which still operates them under the name Xeal.
Source: La Vozde Galicia
I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.
