IBEX




Brazil’s Privatisations Plan: Which Spanish Companies Would Be Interested?

Víctor Peiro (GVC Gaesco) | The emerging markets are performing well this year and so the context is favourable for revisiting the privatisation process in those countries. Brazil is set to sell off a raft of different assets, including state-owned utility Electrobrás. Several big Spanish companies could be interested in acquiring these assets.

 




Iberdrola buybacks operations

Iberdrola Eyes Potential M&A Deals: Innogy On The Radar

Iberdrola is sounding out possible acquisition opportunities in the European energy sector and Innogy is on its radar. According to financial sources, the Spanish firm could be interested in launching a bid for the German utility company.


Siemens Gamesa in the US

Siemens Gamesa pursues the repowering of wind farms

Siemens Gamesa will increase the annual amount of energy produced at the wind farms of NextEra Energy Resources in Texas (US) by up to 25%. As a result, it will boost their profitability and efficiency, as well as extend their useful life, the company said.


Telefonica's Colombia affiliate

Telefonica Bails Out Colombian Affiliate

Telefonica has informed the Stock Market Regulator (CNMV) that it has reached an agreement with the Colombian government to hike capital for a total of €1.840 billion at its affiliate operating in the country, which is one of the main ones in the group. The reason for the capital increase is the debt the parent company has with the company which manages the pension funds.


Oil and airline industries' link

Betting on oil and airline stocks at the same time? Repsol, IAG good choices

Sonia Ruiz de Garibay (GVCGaesco) | Although a simultaneous investment recommendation for oil and airline stocks might seem a contradiction in terms, the fact they are both heavily influenced by oil prices gives them a very important element in common. Oil is an earning driver for the oil industry, while for the airlines sector it is an important costs’  element, accounting for over 20% of the total. Repsol and IAG are currently good bets.