CaixaBank asumirá cargo de US$530 millones por venta de Repsol
21 de septiembre 2018, 9:25 AM.- CaixaBank SA, la tercera mayor entidad crediticia de España, dijo que venderá su participación restante en la compañía petrolera Repsol SA para concentrarse en su negocio bancario principal y asumirá un cargo extraordinario de alrededor de 450 millones de euros (US$530 millones).
La venta en dos etapas de la participación de 9,4 por ciento se completará antes del fin del primer trimestre del año próximo, dijo la entidad con sede en Valencia. La venta de la participación en Repsol con un valor de mercado de alrededor de 2.500 millones de euros pone fin a una inversión del grupo La Caixa en la firma petrolera que había comenzado hace 20 años.
CaixaBank viene vendiendo sus participaciones en empresas en el marco de una promesa de reducir la cantidad de capital de sus inversiones en acciones. Si bien la venta tendrá como consecuencia un cargo extraordinario este trimestre, dijo el banco, tendrá un impacto neutral en su ratio de capital básico Tier 1, un indicador clave de su fortaleza financiera.
“Si bien consideramos que vender la participación en Repsol es una buena decisión estratégica, lamentablemente el impacto en las ganancias será negativo”, escribió el viernes Daragh Quinn, analista de Keefe Bruyette & Woods, en una nota a clientes.
“A CaixaBank le resultará más difícil tener un mejor desempeño mientras no mejoren las perspectivas de las tasas de interés europeas”, agregó Quinn, que redujo su precio objetivo para la acción de 4,90 euros a 4,40 euros.
CaixaBank confirmó su objetivo de alcanzar un retorno sobre el capital tangible de entre 9 por ciento y 11 por ciento en 2018.
Plazo de marzo
La venta comprenderá dos permutas de acciones que sumarán una participación de 4,61 por ciento, lo cual se acordará para fines de septiembre por un total de 1.140 millones de euros (US$1.340 millones), dijo CaixaBank en un informe a entes reguladores. Los dos bloques de acciones, que representan participaciones de 1,9 por ciento y 2,7 por ciento, se acordarán a 15,39 euros y 15,55 euros respectivamente.
CaixaBank empezará a vender la participación restante en el mercado de inmediato y completará el proceso antes de fines de marzo del año próximo.
Las acciones de ambas compañías declinaron en las primeras operaciones de Madrid, en que CaixaBank bajó 2,6 por ciento y Repsol cayó 3,2 por ciento.
Competencia de Cepsa
La venta se produce en un momento difícil para el sector petrolero español, en tanto la refinería Cepsa se embarca en una oferta pública inicial que podría darle un valor de 10.000 millones de euros. Los inversores estatales de Abu Dhabi Mubadala Investment Co. controlan Cepsa. Si la compañía alcanza su meta de valuación, sería la mayor OPI petrolera en alrededor de 10 años, según datos que reunió Bloomberg.
CaixaBank aún mantiene una participación de 5 por ciento en Telefónica SA. En 2015 vendió sus participaciones en Grupo Financiero Inbursa SAB, del multimillonario Carlos Slim, y Bank of East Asia Ltd. a su empresa matriz Criteria Caixa por un total de 2.650 millones de euros, lo que contribuyó a que redujera el consumo de capital.
Fuente: Bloomberg.
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