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ferrovial noche

Companies, Ibex 26th August 2024

Ferrovial begins €300 million share buyback programme, 4.1% of share capital

Link | Ferrovial announced on Friday that, in accordance with the authorisation granted by the General Shareholders’ Meeting of 11 April 2024, it has agreed to implement a share buyback programme, which will be executed in accordance with applicable law. The Programme will have the following characteristics: Purpose: To buy back own shares of FER in the framework of different corporate actions (such as, for example, share incentives for employees,…

avangrid

Companies, Ibex 23rd August 2024

Iberdrola receives SEC approval for purchase of Avangrid

Link | Iberdrola has received approval without objection from the Securities and Exchange Commission (SEC) for the purchase of Avangrid. The company expects the transaction to close by the end of 2024. The SEC has raised no objections to the merger prospectus for the acquisition of the 18.4% stake in Avangrid that IBE does not yet own. However, despite the SEC’s approval, the transaction is subject to obtaining all necessary…

BBVA vela atardecer

Companies, Ibex 22nd August 2024

BBVA places €1 billion in new twelve-year Tier 2 subordinated debt issue with seven-year redemption option

Link Securities | BBVA (BBVA) placed on Wednesday €1 billion in a new twelve-year Tier 2 subordinated debt issue with a seven-year redemption option, according to Bolsamanía.com. The price was set at mid swap + 200 basis points, lower than the starting price (mid swap + 225 basis points). BBVA points out in its press release that the market response has been significant, with demand exceeding €3 billion at times,…

iberdrola junta sanchez galan

Companies, Ibex, Relevant News Item 22nd August 2024

Iberdrola included again in international FTSE4Good index

Link Securities | Iberdrola (IBE) has been included for another year in the prestigious FTSE4Good international index, designed to facilitate investments in the world’s most sustainable companies, using ESG (environment, sustainability and governance) criteria as a benchmark, the company announced yesterday. IBE has met the requirements of the committee in charge of deciding the members of the index. In this way, it complies with an increasingly demanding methodology that includes…

grifols edificio

Companies, Ibex 22nd August 2024

Brookfield negotiates with banks to refinance €10 billion of debt to move forward with Grifols takeover bid

Norbolsa | Brookfield negotiates with banks to refinance €10,000 million of debt to advance in the Grifols takeover bid. Thus, the Canadian fund seeks to cover itself against a possible demand from current creditors to collect the debt before a change of hands in the ownership of the pharmaceutical company, which currently amounts to about €9,500 million.

iberdrola megachuli

Companies, Ibex, Markets 21st August 2024

Iberdrola to invest €11m in renovating Onda electricity substation in Castellón

CdM | Iberdrola (IBE), through its distribution company i-DE, is to invest €11 million in the extension and renovation of the Corral del Cuervo transformer substation, located in Onda (Castellón). The remodelling of the substation will provide a greater number of 132 kilovolt (kV) line positions, which will make it possible to operate with greater flexibility in the distribution of energy in the area and improve adaptation to operating conditions,…

Fluidra piscina

Companies, Ibex 20th August 2024

Fluidra announces agreement to acquire Australia’s leading filtration systems manufacturer Chadson Engineering

Link Securities | Spanish company Fluidra (FDR), which specialises in connected pool and wellness equipment and solutions, announced on Monday an agreement to acquire Chadson Engineering, a leading designer and manufacturer of granular and regenerative filtration systems. This acquisition complements Fluidra’ s commercial pool product offering and enhances its ability to offer a wide range of solutions to customers in the Asia-Pacific region. With over 50 years’ experience and based…

Abertis reorders its shareholder's debt through its dividend policy

Companies, Ibex 20th August 2024

Abertis (ACS) awarded concession of Chile’s Ruta 5 motorway, investment of around €1,000m needed

Banc Sabadell | Abertis (~46% ACS (ACS) net minority interests and 15% of our P.O.) announced that it has been awarded the concession for the Ruta 5 Santiago-Los Vilos highway (Chile), a 223 km highway connecting the capital (Santiago) with the coastal/tourist area of Los Vilos. This is an asset that has been operating for more than 20 years (brownfield) and links the Autopista Central with the Autopista de Los…

acciona canada

Companies, Ibex 20th August 2024

ACS and Acciona win motorway in US for almost €10 billion

Intermoney | ACS (Buy, PO 46 €) and Acciona (Buy, PO 200 €) have been awarded, together with the Meridian fund, the SR400 toll road, which will be located in the vicinity of Atlanta (United States), according to the newspaper El Confidencial. With an investment of approximately €9.8 billion, the project has a construction period of approximately 5.5 years with an operation and maintenance period of a further 50 years….