Companies

airtificial robot salida bolsa

Airtificial Group signs €3 million contract for design, manufacture and commissioning of two production lines

Link Securities | Airtificial Group (AI) has signed a €3 million contract with a new customer, a major global Tier 1 in the automotive sector, for the design, manufacture and commissioning of two production lines for the assembly, verification and automatic testing of interior door modules, whose end customer is a well-known sports car brand. The Intelligent Robots division will be responsible for carrying out this project, which will have…


Naturgy edificio 640x420

Naturgy carries out accelerated placement of 3.5% of capital to increase free float

Bankinter | Naturgy announces the sale of shares from its treasury stock representing 3.5% of its capital. Naturgy currently holds 4.4% of its share capital in treasury stock. The transaction was carried out through an accelerated placement of 34.1 million shares on the market. The placement price was €25.90 per share, a discount of 3.9% compared to yesterday’s closing price. At these prices, the placement transaction amounts to €883 million….


bbva sabadell

BBVA denies reaching agreement with shareholder David Martínez to participate in takeover bid

Alphavalue/DIVACONS | On Friday, the president of the financial institution, Carlos Torres, denied that an agreement had been reached with Banco Sabadell shareholder and director (add Target Price €3.97/share) David Martínez to participate in the takeover bid for the Catalan institution. Martínez has written an article in El País and Cinco Días in which he states that the consolidation of Sabadell and BBVA will result in an institution that is…


Izertis Gijón

Izertis acquires Icalia and Icatd, specialists in software development and digital transformation

Link Securities | The company has signed an agreement to acquire the digital transformation business of the ICA Group through the acquisition of 100% of the share capital of the Spanish companies ICA Transformación Digital S.L.U. and Icalia Solutions S.L.U., specialising in software development, web applications and portals, and mobile applications, as well as digital transformation consulting, process digitisation, systems and application integration, and data intelligence, with a presence in…


telefonica gran via

Telefónica reportedly preparing redundancy plan affecting over 6,000 employees at the end of year

Bankinter | Telefónica (TEF) is preparing a redundancy plan based mainly on voluntary departures, which it will negotiate with the unions before the end of the year, according to media reports. The plan would affect more than 6,000 employees across all the group’s subsidiaries. Bankinter analysis team’s view: Telefónica will present its new Strategic Plan on 4 November. One of the points of the Plan is to simplify the group’s…


Pharmamar

FDA approves Zepzelca (Pharma Mar) + Tecentriq (Roche) combination therapy for treating lung cancer

Bankinter | The FDA has authorised the combination therapy as a first-line maintenance treatment for adults with advanced small cell lung cancer, following platinum-based therapy. Bankinter analysis team’s view: Positive news, Zepzelca was approved as a second-line treatment, now it moves to first-line and maintenance, making it the first choice for oncologists. This approval should be reflected in an increase in royalty income, direct sales of the drug and sales…


bbvasabadell

One week before deadline for accepting offer, BBVA secures 10% of Sabadell’s capital

Link Securities | Preliminary figures on the percentage of Sabadell shareholders accepting BBVA’s takeover bid suggest that the Basque bank has secured 10% of the Catalan bank’s capital, according to today’s edition of Expansión newspaper. With one week to go before the offer acceptance deadline, BBVA has secured 3.86% from Mexican investor David Martínez and around 30% from index funds, which account for 20% of Sabadell’s capital, and 1% from…


Santander EEUU 1

US considering no longer treating EU as single market to increase capital ratios for foreign banks; Santander would be most affected

Renta 4 | According to press reports, the US is seeking to improve the competitiveness of American banks vis-à-vis their European counterparts and is considering increasing capital requirements for foreign banks. The change would be due to the impact of no longer considering the European Union as a single market. Since 2022, the European Union has been considered a single market and is recognised in the calculation of ratios as…


Repsol nueva

Repsol negotiates agreement with US to unblock €330 million of energy assets in Venezuela

Banco Sabadell | According to press reports, Repsol is in intense negotiations with the US government to unblock its energy assets in Venezuela, valued at €330 million (2% capitalisation). Since the trade blockade imposed by Donald Trump in March, the company has been unable to export hydrocarbons as compensation for PDVSA’s historical debts to it. Repsol is seeking White House authorisation for a compensatory agreement that would allow it to…


Talgo

Trilantic and Talgo buyer consortium to modify purchase price of 29.8% held by fund to €4.25 per share

Link Securities | The Spanish train manufacturer is beginning the countdown to complete the change of majority shareholder that began at the end of 2022, after the British fund Trilantic notified its intention to divest its majority stake, according to a report published today by the digital newspaper elEconomista.es. The company’s CEO, Gonzalo Urquijo, acknowledged yesterday in a meeting with analysts that the management’s timetable envisages completing the transaction in…