Companies

grupo lar recurso 948

Grupo Lar’s Vivia rental platform has 1,740 units of 5,000 estimated target portfolio

Link Securities| Vivia, one of the rental platforms that is expected to grow in the country in the coming years, already has 1,740 units in its portfolio projects, according to company sources, the newspaper Cinco Días reports today. Grupo Lar, together with the Primonial fund, launched this initiative in 2021 in which they intend to add 5,000 homes with an investment of €1 billion. When it is up and running,…

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ArcelorMittal

Potential $7.8bn bid for US Steel would take 27% of ArcelorMittal’s EV and raise debt to ~0.8x DFN/Ebitda

Banc Sabadell | According to press reports, ArcelorMittal (MTS) is considering a bid for US Steel, although there is no certainty at this stage that the deal will go ahead. US Steel on Sunday rejected an offer from Cleveland-Cliffs that values the company at around $7.3 billion (~€6.7 billion) and represents a 43% premium on its share price. Also US steelmaker Esmark reportedly launched an offer of $7.8 billion (~€7.15…