Companies

OHLA.new

Amodio family acquires 7.22% of OHLA’s share capital for €43.96 million

Yesterday, JP Morgan carried out an accelerated placement of 83 million shares, representing 6% of the Spanish construction company’s share capital, at a discount of 9.26%. Report by Link Securities Yesterday, Forjar Capital, S.L. and Solid Rock Capital, S.L. – entities controlled by Mr Luis Amodio Herrera and Mr Mauricio Amodio Herrera, respectively, and major shareholders of OHLA – signed an agreement to increase their stake in the company. The…


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Volkswagen Board presents “Future Plan” for strategic realignment

Report by Banco Sabadell The German car manufacturer has announced the main thrusts of its strategic realignment plan for 2030, which it has named “Future Plan”; we highlight the following points: ▪ A commercial reorientation towards products with greater strategic importance, which will involve a 75 per cent reduction in vehicle variants. ▪ A reduction in production capacity to 9 million vehicles per year (compared to 12 million before the…


Acciona nuevo

Entrecanales family allow their pre-emptive right agreement regarding company’s shares to lapse

Report by Bankinter The two branches of the Entrecanales family, which jointly own 55 per cent of Acciona’s share capital through various companies, will allow the agreement relating to pre-emptive rights over the company’s shares to lapse. Tussen de Grachten BV, the company through which the Entrecanales Franco branch controls 29.02 per cent of Acciona, announced in January last year – one and a half years in advance, in accordance…


intangibles

Value of intangible assets up from less than 30% to 60–90% per cent of a company’s total value over past 15 years, according to Corporate Excellence

Reported by Consejeros Editorial Team The management of companies’ intangible assets – such as brands, patents, software, customer relationships and human capital – and of the reputation economy has been the backbone of the Corporate Excellence business foundation, which has just celebrated its 15th anniversary. On such a significant occasion, the organisation believes it has achieved its objective of making intangibles the centre of business strategy. During this time, intangibles…


BLOCKCHAIN

SWIFT launches its blockchain for payments with 17 banks

SWIFT – which connects 15,000 financial institutions worldwide – has announced that its blockchain DLT is going live with 17 partner institutions (ANZ; BNP Paribas; BNY; Citi; DBS; First Abu Dhabi Bank (FAB); FirstRand Bank Limited; HSBC; Itaú Unibanco; Lloyds Bank; Mashreq; MUFG Bank; OCBC; Standard Chartered; UBS; UOB and Wells Fargo). These institutions will be able to process cross-border payments using tokenised deposits and carry out transfers in real…


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BBVA, former senior management, several police officers stand trial for illegal espionage

Reported by Consejeros Editorial Team Antonio Piña, a judge at the National High Court, opened the trial on Thursday against BBVA, its chairman between 2000 and 2018, Francisco González, and 14 other individuals, including former bank executives and senior police officers, over several allegedly illegal commissions made by the bank, which are said to have been carried out by the then serving police superintendent, José Manuel Villarejo, between 2004 and…


swisscanto

Swisscanto steps up focus on emerging markets and high-quality technology

Reported by Mari Pinardo Swisscanto, the Swiss asset manager with over 150 years of history that entered the Spanish market just over a year ago, presented its outlook and positioning for the remainder of 2026 on Wednesday. Noting, like many other asset managers, that the geopolitical crisis triggered by the US-Iran conflict has not affected the market as much as expected, Gonzalo Ramón-Borja Álvarez de Toledo, managing director for Spain,…


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Inditex’s board re-elects six directors and appoints Goirigolzarri as independent director

Reported by Consejeros Editorial Team Inditex’s annual general meeting, held on Tuesday in Arteixo, approved the reappointment, for a further two-year term, of six of the ten members of its board of directors. Shareholders supported the reappointment of Marta Ortega Pérez as a non-executive director, Óscar García Maceiras as an executive director, Flora Pérez Marcote as a non-executive director, and the independent directors Denise Patricia Kingsmill, Pilar López Álvarez and…


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Invesco, underweight in Taiwan and South Korea. “We may be seeing a bubble in these markets”

Reported by Julia Pastor Invesco’s outlook for the second half of the year has changed little from that published by the firm at the start of the year. The outlook for economic growth and inflation is less favourable now, but not enough to trigger negative returns on global equities. Thus, and despite all the disruptions that have occurred up to July (the rapid advance of AI, geopolitical tensions and their…


aena barajas3CM

Aena to impose restrictions on air traffic at near-capacity Barajas and over-capacity El Prat

Report by Link Securities The airport operator will limit growth at Spain’s two main airports for the first time for the coming summer season. As reported by *Expansión*, Barcelona has already exceeded its theoretical maximum of 55 million passengers, and Madrid is approaching its optimal capacity of 70 million; whilst the expansions planned for the coming decade are underway, measures will be implemented to allow traffic to be managed during…