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The Corner

The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

Companies 19th December 2025

Airbus Helicopters wins contract for 100 units, worth €4 billion, for Spanish Ministry of Defence

Bankinter | Airbus has announced four contracts for the acquisition of 100 helicopters, as part of the National Helicopter Plan announced in May, worth around €4 billion and to be delivered between 2027 and 2031. Airbus Helicopters will strengthen its capabilities in Spain, creating more than 300 highly skilled jobs. The Albacete plant will have a new military helicopter customisation centre and an international training centre for pilots. Analysis team’s…

Companies, Relevant News Item 19th December 2025

BBVA approves buyback plan of up to €3.96 billion to be executed in several phases

Alphavalue/DIVACONS | The financial institution has approved a buyback plan of up to €3.96 billion, to be executed in several phases. The bank, which had already announced that it would distribute its excess capital after the takeover bid for Banco Sabadell fell through (add Target Price €4.15/share), will consume 100 solvency points with the operation. It will be carried out in stages and will begin on Monday 22 December. The…

Companies 19th December 2025

Elecnor acquires Spanish company Jet Aircraft Services, specialists in comprehensive aircraft maintenance services

Norbolsa | The company has announced the acquisition of 100% of Spanish company Jet Aircraft Services (JAS), entering the aircraft maintenance, preservation and dismantling sector. The purchase price has not been disclosed, although in 2024 the company had sales of €7.39 million and a negative result of €233,119. With more than 25 years of experience, JAS has an operational presence at Spain’s main commercial airports: Adolfo Suárez Madrid-Barajas, Barcelona, Seville,…

Companies 19th December 2025

Agreement Indra-GMV to develop systems and services for Armed Forces

Link Securities | Indra (IDR) and GMV have signed an agreement to work together on the development of cutting-edge systems and services for the Armed Forces that will help strengthen national sovereignty and the competitiveness of Spanish industry in the European and global markets, according to the financial website Bolsamania.com. Both companies have indicated that they have identified a number of areas for collaboration to combine the technologies and systems…

Companies 19th December 2025

CVC and March renew agreement with Naturgy to gain freedom in sale of shares

Bankinter | CVC and Corporación Financiera Alba (controlled by the March family) have announced a reformulation of their shareholder agreement with Naturgy (NTGY). CVC and CF Alba currently hold more than 18% of Naturgy, but manage it jointly through various vehicles under the common name of Rioja. With the new changes, Alba will have a direct stake of 5.01% and CVC of 13.80%. The new agreement includes the main aspects…

In Spain 19th December 2025

Madrid, World Tourism Capital, Chosen as New WTTC Headquarters

The World Travel & Tourism Council (WTTC) announced this Thursday its decision to relocate its headquarters from London (United Kingdom) to Madrid, following a selection process among several candidates, including Geneva, Milan, Paris, and Dubai. This decision was unanimously supported by the 17 members of the international organization’s executive committee, based on evaluation criteria across six areas, such as rental costs, tax environment and incentives, government support, and proximity to…

In Spain 19th December 2025

Number of mortgages taken out on homes in Spain grows 0.6% year-on-year in October, compared to 12.2% in September

Link Securities | In Spain, the number of mortgages taken out on homes in October was 52,198, representing a 0.6% year-on-year increase (12.2% in September). According to the INE, with October’s year-on-year increase, the signing of mortgages on homes has now risen for 16 consecutive months. In addition, the average amount of these transactions was €167,080, representing an increase of 10.4%. In 10M25, the number of mortgages for the purchase…

Companies 18th December 2025

Indra acquires Wake Engineering’s Unmanned Systems technology and integrates it into Weapons & Ammunition division

Renta 4 | The company has announced the acquisition of Wake Engineering to strengthen its vertical take-off capabilities. Wake Engineering is part of the CPS Group, whose main activity is the design, development and production of Unmanned Systems (UAS). With this acquisition, Indra strengthens its position to respond to Special Modernisation Programmes (PEM) and the enormous potential for growth in the international arena, mainly through the ReArm Europe plan programmes….

Companies 18th December 2025

Amadeus confirms dividend distribution of 50% of consolidated profit and approves dividend of €0.53/share payable on 16 January 2026

Alphavalue / Divacons | The board of directors of the technology solutions provider has ratified its dividend policy for 2025, proposing to set the distribution at 50% of consolidated profit, which is the maximum limit of the 40% to 50% range established by the company. Consequently, it has approved the distribution of an interim dividend charged to the results for the 2025 financial year for a fixed amount of €0.53…

Companies 18th December 2025

Aena acquires 51% of Leeds Bradford and Newcastle airports for €310 million

Intermoney | Aena has just announced the acquisition of a 51% stake in the holding company that wholly owns Leeds and Newcastle airports for around £270 million, or €310 million. The operator expects to complete the transaction in Q2 2026. There will be a conference call today at 9 a.m. Aena already has a presence in the United Kingdom through Luton Airport, which it consolidates globally, and which we expect…

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