Renta 4 | In line with information in the el Economista daily, BBVA would have prevailed over minority shareholders (MERLIN Properties and SANJOSE) in the arbitrage over the sale rights in Distrito Castellana Norte (DCN) project. The Arbitrator, D. Miguel Virgós, has communicated his decision to the parties involved. This means the Spanish bank, chaired by D. Carlos Torres, will be able to sell its 75.54% stake in the project,…Read More
Renta 4 | Telefónica has announced the result of its offer to buyback 2 hybrid bonds launched on November 14th. The first one, with a nominal value of 1 billion euros, a coupon of 5.5% and perpetual maturity, purchase price at Par and with 676,4 million euros of nominal value in circulation, has been accepted by investors with an aggregated nominal amount of 547,4 million, or 81% of the total….