The Corner7h
Government wants to remove tax advantages Spanish REITs have across Europe… and they are sinking on stock market
Merlin and Colonial led the losses on the Ibex yesterday, losing €590 million in the stock market, due to the Executive's ...
The Corner21h
Competition further complicates BBVA’s takeover bid for Sabadell and extends it until the summer of 2025
The National Commission on Markets and Competition (CNMC) has moved BBVA's takeover bid for Sabadell to Phase 2. The agency ...
The Corner1d
Iberdrola among utilities driven by 7-10% CAGR in distribution in Northern Europe and 15-20% in transmission in Germany and UK
Our analyst Rob Pulleyn thinks it is too early to move away from the utilities theme, as he believes the market is not fully ...
The Corner1d
JPMorgan Chase overtakes Fidelity in Bankinter’s shareholding with emergence of stake of more than 3%
Link Securities | JPMorgan Chase has emerged with a stake of more than 3% in Bankinter, as reflected in the records of the ...
The Corner1d
China announces $840 billion allocation to local governments to tackle hidden debt problems
Last Friday, as reported by CNBC, Chinese authorities announced that the central government will allocate an additional CN¥6 ...
The Corner1d
Former Bank of Spain governor Hernández de Cos appointed new managing director of Bank for International Settlements
Pablo Hernández de Cos, the former governor of the Bank of Spain, has been elected as the managing director of the Bank for ...
The Corner2d
Banco Santander acquires CLM Fleet Management in UK, specialist in passenger car and commercial vehicle leasing management
Link Securities | Banco Santander (SAN) has taken new steps to grow in the leasing business, which has become one of its strategic priorities and where it aims to stand out among the leaders in Europe ...
The Corner2d
ArcelorMittal agrees to buy 50% of Nippon Steel’s JV in Calvert for $1, only if Japanese company eventually acquires US Steel
Renta 4 : The European steelmaker has reached an agreement with Nippon Steel to buy 50% of its stake in the Calvert mill. ArcelorMittal holds the remaining 50%. AM will pay $1 and Nippon Steel will ...
The Corner2d
Acciona Energía puts 650MW hydroelectric business up for sale for around €1 billion, attempting to maintain credit rating at BBB- investment grade
Acciona Energía, the renewable energy subsidiary of Acciona, has put the bulk of its hydroelectric business, which encompasses around 650 megawatts (MW) and is valued at €1 billion, up for sale, ...
The Corner2d
José Ignacio Goirigolzarri submits resignation as CaixaBank chairman, Tomás Muniesa appointed non-executive chairman
The Board of Directors of CaixaBank has accepted the resignation of José Ignacio Goirigolzarri as chairman of the bank, effective from January 1, 2025. From that date, Tomás Muniesa will assume the ...
The Corner2d
Spain to authorise Saudi Arabia’s 10% stake in Telefónica, valued at €2.3 billion
Banco Sabadell : The Ministry of Defence will unblock the purchase of 9.9% of TEF by STC (it already holds 4.9% directly). Thus, according to this information, in the next few days the Government will ...
The Corner2d
M3 money supply in euro area rises 3.2% in September, up from 2.9% previously
Money supply in the EurozoneLink Securities | The ECB reported on Friday that the M3 money supply in the Eurozone increased by 3.2% in the month of September at an annual rate, to €16,549 billion. The ...