Liberbank has signed a binding agreement to set up a company with Bain Capital Credit and Oceanwood. The aim will be to administer, develop and dispose of a portfolio of foreclosed property assets belonging to the LBK group.Read More
Whether it’s the initiative of the Catalan or Spanish government, Catalonia is this week heading for elections at the beginning of 2018. Some will say the elections are constituent towards obtaining independence and the new Republic of Catalonia. Others will hold the view that they are autonomous elections under the protection of the 1978 Spanish Constitution. In fact what they will be are elections to clarify the current real political map in Catalonia.
Hochtief has launched a €18.76 cash or share offer on Abertis, raising speculation around a potential price war between Atlantia and Hochtief.
The capital hikes carried out by Spanish companies totalled 4.114,7 billion euros in September, almost four times more than a year earlier and the highest figure in that month since 2012. This is according to data analysed by the Economic Studies Department of rating agency Axesor.Read More
Ratings agency Moody’s said yesterday that the European banks’ costs have increased due to the fact that the rise in regulatory and restructuring costs is eating up all the savings resulting from branch closures and workforce reductions.Read More