BARCELONA | Banc Sabadell paid €84 million for Lloyds’ Spanish business, an amount that will be paid in stocks, giving 53.75 million (53,749,680) shares in the Catalan bank to the British banking giant.
The issue was placed with qualified foreign investors, with an order book that exceeded $9 billion and with the participation of more than 400 investors.
MADRID | Telefónica to keep control of operations in El Salvador, Guatemala, Nicaragua, and Panama, which will be merged into a joint venture.
MADRID | The new centre will operate as Telefónica’s cloud services base for Europe and will house platforms for customers in Spain, the United Kingdom, Germany and the Czech Republic.
MADRID | Santander’s asset management and private banking director Javier Marín Romano (Madrid, 1966) is now CEO of the Spanish bank.
Spain’s Repsol operates the discovering consortium with a 70% stake, in association with 70 & 48 LLC, a subsidiary of Armstrong Oil and Gas, (with 22.5%) and GMT Exploration Company (with 7.5%).
Spanish company Dia sells its operation in Turkey for 136.5 million euros to be paid in cash.
SEVILLE | Abengoa enters into an exclusivity agreement with Triton Partners for the sale of 100% of Befesa for €1,075 million.
BARCELONA | The new outlet will be built next to Desigual’s new logistics centre for the European market, which should start its activities by 2015.
ALGECIRAS/LONDON | As a result of this project, Açu will be the third-largest port in the world and the largest in the Americas with an annual capacity of 350m tonnes.