Companies

grifols edificio

Grifols secures new revolving credit facility of around $2 billion

Link Securities | The company has received financing commitments from a syndicate of international banks for a new revolving credit facility (RCF) of approximately $2 billion, the website Bolsamania.com reported yesterday. This new credit facility would more than double the size of the previous one, which stood at $938 million, and would have a maturity of 6.5 years, further strengthening Grifols’ financial flexibility and balance sheet. The new facility coming…


Azkoyen

Azkoyen acquires 100% of Primion AG for €2.3 million through German subsidiary

Alphavalue/Divacons | Azkoyen (AZK) reports that on Thursday 12 March, its German subsidiary Primion Technology GmbH signed a sale and purchase agreement whereby it acquired 100% of the share capital of Primion AG, with its registered office at Buchbergstrasse 19, 8856 Tuggen (Switzerland). Primion AG markets the access control and staff management solutions of Azkoyen’s German subsidiary. The total value of the transaction amounts to 2,072,000 Swiss francs (equivalent to…


solaria operario

Ongoing role for carbon in electricity pricing would benefit renewables such as Acciona Energía and Solaria

Morgan Stanley | Rob Pulleyn (analyst) believes that concerns about drastic changes to the EU ETS and carbon policy are overblown. He does not expect the ETS to be cancelled, suspended or materially watered down, despite market concerns ahead of the Council of Ministers meeting on 19–20 March and the review of Phase V of the ETS in July. He anticipates modest reforms, likely focused on slowing down the CBAM…


Almirall edificio id

Almirall’s Ebglyss (Lebrikizumab) shows positive results in children with moderate to severe atopic dermatitis

Renta 4 | Almirall (ALM) has reported positive preliminary results from the pivotal Phase 3 trial, ADorable-1, for lebrikizumab. This trial assesses the efficacy and safety of the drug in children aged between 6 months and under 18 years with moderate to severe atopic dermatitis. The study met its key primary and secondary endpoints at week 16, demonstrating significant skin clearance, a reduction in disease severity, relief from itching and…


substrate bolsa

Subgen AI, 15.1% shareholder in Substrate Artificial Intelligence, launches takeover bid for 95% of company’s shares

Lighthouse / Spanish Institute of Analysts | Subgen AI, a shareholder in Substrate Artificial Intelligence (15.1%), has launched a takeover bid for 95% of the company’s share capital, with the aim of acquiring at least 5% of the share capital and expressly denying any intention to delist Substrate Artificial Intelligence. Subgen AI is offering a payment in shares (1 share in Substrate Artificial Intelligence for 6 shares in Subgen AI…


Santander logo

Santander and Sernac end negotiations over compensation for victims of cyberattack without reaching agreement

Link Securities | Banco Santander (SAN) and Chile’s National Consumer Service (Sernac) have ended, without reaching an agreement, the out-of-court negotiations they had been conducting since last summer to establish compensation for four million customers in Chile who were affected by the cyberattack suffered by the group in 2024, according to Expansión newspaper. The end of the out-of-court proceedings came after Santander submitted a compensation proposal, the amount of which…


tubos reunidos planta

Lack of agreement ‘forces’ Tubos Reunidos to proceed with collective redundancy of 301 workers

Alphavalue/ Divacons | Following the conclusion of the consultation period for the collective redundancy plan without an agreement, Tubos Reunidos declared itself ‘compelled’ to proceed with the collective redundancy of 301 workers. Management warned that the negotiating committee’s rejection of the agreement “seriously complicates” the restructuring of its debt with the State Industrial Holdings Company (SEPI) and the banks, forcing the company to assess all possible scenarios in light of…


BankinterIn1

Bankinter launches ‘MemorIA’ AI agent for consulting its Annual Report

CdM | Bankinter (BKT) has taken a step forward in the digitalisation of its financial communications by launching ‘MemorIA’, a generative artificial intelligence agent that allows users to consult and interact with the information contained in its 2025 Annual Report using natural language. With this initiative, the bank becomes the first company in the Ibex 35 to incorporate a tool of this kind into its annual report. The new agent…


ferrovial budimex

Polish authorities cancel award of €235 million contract to Ferrovial subsidiary Budimex

Link Securities | Budimex, the listed Polish subsidiary controlled by Ferrovial (FER), has informed the market that local authorities have cancelled the award of a contract awarded to the group in December worth over 1 billion zlotys (around €235 million), Expansión newspaper reports in its edition today. The contracting body, PKP Polskie Linie Kolejowe, will review and re-evaluate the bids submitted in the tender for the design and construction of…


grenergy

Grenergy awarded capacity contracts for 760 MWh of storage in UK

Renta 4 | Grenergy has announced the award of capacity contracts for four storage projects in the UK, with an aggregate nominal power of 190 MW and a total capacity of 760 MWh, in the latest auction organised by NESO (National Energy System Operator), the UK’s electricity system operator. The contracts will begin to provide stability to the grid from October 2029 and will run for 15 years, with remuneration…