Companies

endesa novisimo

Endesa reduces share capital by €20 million through cancellation of 17 million shares with par value of €1.20 each

Link Securities | The Board of Directors of Endesa (ELE), in accordance with the resolution on the capital reduction approved at its Ordinary General Meeting of Shareholders held on 29 April 2025, agreed to implement the reduction in the amount of €20,409,079.20, through the cancellation of 17,007 566 treasury shares, each with a nominal value of €1.20, acquired under the Second Tranche of the Share Buyback Programme. Endesa’s share capital…


Audax nueva identidad

Audax signs partnership with MasOrange to market mobile, fibre and landline services in Spain

Link Securities | Audax (ADX) has signed a strategic partnership with MasOrange, the leading operator by number of customers, to market mobile, fibre and landline services in Spain. Backed by MasOrange’s infrastructure and network, Audax becomes the first independent retailer in Spain to offer a package combining energy with energy services and telecommunications. Through this partnership, Audax aims to provide its customers with an integrated range of essential services, enabling…


Rovilabs

Rovi completes acquisition of pharmaceutical manufacturing plant in Phoenix, Arizona, following execution of agreement with Bristol Myers Squibb

Link Securities | The company has informed the National Securities Market Commission (CNMV) that it has completed the Asset Purchase Agreement entered into between its subsidiary ROIS Phoenix Inc. and Bristol Myers Squibb (BMS) for the acquisition of a pharmaceutical manufacturing plant located in Phoenix, Arizona (USA), together with a series of assets and liabilities related thereto. The completion of the aforementioned Asset Purchase Agreement took place once the customary…


banco santander new

Spanish banks: resilient message on Q1 2026 outlook is expected, Santander Top Pick once again

Morgan Stanley | Álvaro Serrano (analyst) reiterates Santander as his Top Pick among Spanish banks in his Q1 2026 earnings preview, where he expects a resilient message on the outlook. With the improved outlook for net interest income and the market now pricing in between two and three ECB rate hikes between now and the end of the year, he updates his estimates to reflect a peak rate of 2.5%…


inmobiliaria del sur

Inmobiliaria del Sur unveils a new Strategic Plan aimed at achieving profits of up to €195 million by 2030

Renta 4 | According to information submitted to the CNMV, and following the completion of the 2021–2025 Strategic Plan (with 95% of the turnover target met), Inmobiliaria del Sur has submitted its new 2026–2030 Strategic Plan. This is a new plan that continues the existing approach in terms of qualitative objectives (increasing presence in Madrid, developing business in the Valencian Community, larger project sizes, etc.), although three new aspects stand…


Talgo new

Talgo wins contract worth €485 million to supply 10 locomotives and 91 passenger carriages in Sweden

Renta 4 | Talgo (TLGO) has been awarded a contract in Sweden to supply 10 locomotives and 91 passenger carriages worth €485 million, according to press reports. The trains are due to enter service from 2030 and the locomotives could be supplied by Siemens. Assessment: Positive news. The award raises the order book to historic levels of over €6 billion, with the contract value representing around 10% of Talgo’s order…


Indra novedad

Escribano’s departure from Indra raises questions about his 14.3% stake, shareholders who support him, and design of new strategic plan

Banco Sabadell | At an Extraordinary Board Meeting last week, Ángel Escribano resigned as chairman (and director) of Indra and has been replaced by Ángel Simón, who is close to the government and was previously CEO of Criteria Caixa and chairman of Aguas de Barcelona. He will have no executive duties and, in principle, Jose Vicente de los Mozos will continue as CEO. The change serves to ease tensions, but…


prosegur nueva

Prosegur acquires VN GLOBAL BPO’s subsidiaries in Argentina and Paraguay from Prosegur Cash

Link Securities | The company informed the National Securities Market Commission (CNMV) yesterday that it and another group company have formalised the purchase and acquisition of 100% of the shares in VN GLOBAL BPO, S.A. (Argentina) and VN GLOBAL PARAGUAY, S.A., from Prosegur Cash and another company within its group, as a means of acquiring the process outsourcing and value-added services (AVOS) business for financial institutions and insurers in Argentina…


Airtificial

Airtificial set to receive €9.7 million following new deal to sell defence engineering contracts, after posting losses of €25 million in 2025

Alphavalue/ Divacons | The engineering company has formalised a new deal for the sale of engineering contracts from its Aerospace & Defence division, a transaction that will generate revenue of €9.7 million between April and May this year. According to information submitted to the National Securities Market Court (CNMV), this milestone enables the company to progress with the process initiated at the end of H1 2025, the total value of…


Neinor Málaga

Neinor Homes establishes €150 million joint venture with Stoneshield to build 262 homes aimed at premium segment in Marbella

Singular Bank | Neinor Homes and the investment firm Stoneshield Capital, one of its main shareholders, have decided to establish a joint venture to capitalise on the growing demand for luxury housing on the Spanish coast. Stoneshield will control 70% of the project and both companies will make an initial investment of €150 million to develop 262 homes in Marbella. This will be Neinor’s first project in the premium segment…