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telefonica edificio

Companies 21st October 2025

Telefónica possibly interested in expanding collaboration with Germany’s fourth-largest operator, 1&1, which has 8.9% market share

Renta 4 | According to the German newspaper Handelsblatt, Telefónica is considering strengthening its cooperation with 1&1 in Germany. In mobile telephony, 1&1 is the fourth largest operator with a market share of 8.9%, behind Deutsche Telekom (32%), Telefónica (27.2%) and Vodafone (22.5%). In broadband, 1&1 is the third largest company in terms of market share (10.7%), behind Deutsche Telekom (40.6%) and Vodafone (27%). Telefónica is in fourth place with…

Neinor nuevo

Companies, Relevant News Item 21st October 2025

Neinor Homes AGM approves takeover bid for Aedas and reiterates 2025 guidance

Renta 4 | On Monday, Neinor Homes held its extraordinary AGM to obtain approval for the takeover bid for AEDAS Homes. The company also took advantage of the AGM to reiterate its 2025 guidance and provide operational visibility, highlighting: 1) having received the Final Works Certificate (FWC) for 100% of the developments scheduled for delivery in 2025; 2) a 2025 pre-sale coverage ratio of close to 97% and 75% for…

Cellnex

Companies, Relevant News Item 20th October 2025

Cellnex sells all shares in Towerlink France for €391 million

Link Securities | Cellnex (CLNX), through its wholly owned subsidiary, Cellnex France, S.A.S., has entered into a put option agreement with Vauban Infra Fibre, under which Cellnex France, S.A.S. may, following the usual information and consultation process with the works council of Cellnex France, S.A.S. in France, sell and transfer all of its shares in Towerlink France, S.A.S., representing 99.99% of its share capital. Towerlink France, S.A.S. is the entity…

Aena nuevo

Companies 20th October 2025

Aena 9M25 preview: aeronautical revenue could increase around 5%, commercial 8.5%

Renta 4 | Aena (AENA) will publish its 9M25 results on Wednesday, 29 October 2025, at the market opening, with a conference at 1:00 p.m. P.O. €21.03, recommendation to underweight. Driven by air traffic, which in 9M in Spain has exceeded annual forecasts (up 3.9% against 3.4% Aena and Renta 4 guidance, and 3.9% consensus, our forecast is that Aena will update this guidance to around 4%), we expect aeronautical…

unicaja logo fachada

Companies 20th October 2025

Unicaja launches interest-bearing online account aimed at new self-employed customers

CdM | Unicaja (UNI) has launched an interest-bearing online account aimed at new self-employed customers, offering a return of up to 3% APR during the first 12 months. It also includes a 1% refund on the sum of the main direct debits and exemption from maintenance and administration fees. ‘The bank’s objective is to reinforce its commitment to attracting new self-employed customers throughout the country, focusing on a model of…

melia 4

Companies 20th October 2025

Meliã open to potential acquisitions that will not put pressure on cash flow, via capital increase

Renta 4 | Interview with Mr Gabriel Escarrer in Expansión newspaper. Among the comments we highlight: If good acquisition opportunities arise (holiday segment), Meliã would carry out a capital increase, which would not put pressure on cash flow. The current situation for Meliá and the sector is one of ‘normalisation’, after several years of strong growth following Covid-19, in which they grew three times faster than the GDP of the…

Iberdrola edificio

Companies 20th October 2025

Iberdrola and Scottish Power sound out rivals about possible deal involving UK retail business

Link Securities | Iberdrola (IBE) and Scottish Power have sounded out their rivals about a possible deal involving their UK retail business, as the sector faces high consumer debt and rapid growth from Octopus Energy, according to Expansión newspaper. Iberdrola has reportedly spoken to several companies in the sector about a merger with Scottish Power in response to the challenges facing the retail market, according to people familiar with the…

OHLA Canalejas

Companies 17th October 2025

OHLA reaches agreement with Mohari for distribution of Canalejas Complex: shopping centre and car park for OHLA, Mohari keeps hotel

CdM | OHLA (OHLA) informed the Spanish National Securities Market Commission (CNMV) on Friday that it has reached an agreement in principle with Mohari Hospitality — a global investment firm specialising in the luxury hotel sector — for the division of the Canalejas Complex asset, an agreement that the company describes as ‘positive for both parties’. According to the statement, OHLA will retain ownership of the Canalejas Gallery and the…

Grifols

Companies, Relevant News Item 17th October 2025

Grifols boosts diagnostics business with €43 million expansion of San Diego plant

Renta 4 | The company has expanded its San Diego (US) campus dedicated to diagnostics and, in particular, blood typing. The expansion, at an approximate cost of $50 million (€43 million), has included the construction of a new plant that nearly doubles the surface area to 18,200 m2. Grifols has begun production of DG Gel cards, used in blood typing tests, and red blood cell reagents, used to detect antibodies….

Repsol nueva

Companies 17th October 2025

Repsol and Forestalia to undertake largest energy hybridisation project to date in Spain in Aragón, with large data centre developed by third party

Link Securities | The company, together with Forestalia, announced yesterday that they will double their partnership in Aragón (the combined cycle power plant in Escatrón with fifteen wind farms) to a total of 1,600 MW, which will enable a third party to develop a large data centre in the area, according to Expansión. With this scale, it would be the largest energy hybridisation project in Spain to date. Sources in…