is offered as it does not go beyond luxury. Boutiques of major international brands, restaurants, 22 luxury houses for sale, a car park and a hotel under the Four Seasons brand. Date Canalejas mall, in the heart of the city MadridIt is linked to the financial history of Spain until its sale by Banco Santander in 2006. In 2012, businessman Juan Miguel Villar Mir emerged as the owner through their company and eventually integrated it into the construction company OHL. 50% remained with the right to take over the remaining 50% of the Mohary hotel investment fund, which paid TL 215 million in 2017. Canalejas was thriving as the OHL business went from bad to worse, with former minister Josep Piqué serving as CEO from 2013 to 2016. various subsequent scandals affecting its reputation and financial statements. Debt was becoming unfunded and bankruptcy was knocking on the door.
The former Obrascón Huarte Laín was rescued at the last moment when the Caabsa, a Mexican group belonging to the Amodio family, came ashore. They entered the capital of OHL by purchasing 16% stake in May 2020. A little over a year later it was done at 26%. Brothers Luis and Mauricio Amodio, who will become presidents, reserved the Four Seasons for themselves. Meeting point On landing in Madrid. They hired José Antonio Fernández Gallar as CEO. Amodios joins another Mexican businessman, Carlos Slim, as the owner of a large Spanish construction company. Slim controls 81% of the FCC. On March 9, Villar Mir sold 7.09% of its holdings in OHL, renamed OHLA, to the Monegasque fund Tyrus, owning a symbolic 6,000 shares. The senior builder’s son, Juan Villar Mir, is expected to step down from his Board of Directors at the next Shareholders Meeting. Reyes Calderón, an economics professor and writer at the University of Navarra, stands out among the council members.
Since EUR 17.63 per share, which appreciated in May 2007The company, which it closed on Tuesday, was valued at 0.58 euros and a 350 million valuation, far away from its five major national rivals. From making a net billion in 2012 to losing money five years in a row thanks to the sale of his stake in Abertis. OHLA closed 2022 with 3.259 million sales and 96.8 losses. Net financial debt for bonds rated B3 by Moody’s agency and rated “positive” on the valuation scale is 432 million. speculative. OHLA has 24,870 employees.
The construction company’s industrial prospects depend on a portfolio of $7,000 million contracts and a 50% US business – building the Maryland light rail line in a midway consortium with ACS. Financial strategy continues sell some of your assets: service subsidiary, a hospital in Canada and 50% in Canalejas. The first target is to reduce debt by 150 million from 114 million in 2022 and increase EBITDA by 2.5 times.
And how much are Canalejas worth? OHLA ledger is using the 50% interest it has in the shopping mall in Istanbul. 180 million, representing 45% of the current market capitalization of the group as a whole.. Company sources point out that there is no rush to appraise some of the assets they hope to acquire. many opportunities. at what value? No one dares put a price on Canalejas, although industry media finds it normal that exchanges always underestimate the potential value of real estate assets. Mohay – since founder Mark Scheinberg started the online PokerStars business, which sold out in 2014 – hasn’t been commented on.
They exclude other types of company moves from OHLA: US companies are not planned to go public or be part of a consolidation process with other construction companies. It is not anticipated that the Amodio family will raise capital in a company with a stock market flow of just over 50 percent. Challenge: Take action to reach a euro.
He was only supposed to head Real Madrid.
Juan MIguel Villar Mir (Madrid, 1931) also twice wanted to become the president of Real Madrid, but never succeeded. Also, as the Deputy Head of Government and Minister of Finance in the first Government under the presidency of Juan Carlos I and Carlos Arias Navarro almost everything happened in politics and business. After quitting construction, the family business focuses on renewable energy investments, among other businesses.