The sale on the open market comes as no surprise, as the two family branches did not renew the agreement on pre-emptive rights, which expired on 14 July. Reported by Bankinter Tussen de Grachten BV, a company based in the Netherlands through which the Entrecanales Franco branch controls 29.02% of Acciona, has sold 3% of the share capital of the company. The sale of 1.65 million shares was carried out…
The portfolio comprises 8 shopping centres and over 250,000 m² of gross lettable area, including several landmark assets in the Community of Madrid, where it accounts for 11,300 square metres, whilst the remainder is owned by Unibail-Rodamco-Westfield. By Renta 4 Norges Bank Investment Management, together with Sonae Sierra, signed an agreement last Friday to purchase the portfolio of shopping centres owned by the Balkany family in Spain, valued at €1.5…
The shares recording the biggest gains are ArcelorMittal and ACS (up 1.8% and 1.5% respectively), whilst Acciona has plummeted by more than 7% following news that Tussen de Grachten BV, a company linked to the Entrecanales Franco family, has sold 1.65 million shares in the company. Analysis by Consejeros Editorial Team The Ibex 35 opened Tuesday’s session with a rise of 0.09%, enabling it to breach the 20,000-point mark for…
Reported by the Consejeros Editorial Team The takeover bid launched by Greening for Energy Solar Tech has concluded successfully after securing the acceptance of more than 92 per cent of the share capital. The level of support obtained exceeds the minimum threshold set for the validity of the transaction, which enables the settlement phases to be carried out in accordance with the timetable set by the company. Energy Solar Tech…
Reported by Nicolás Lopez Medina European stock markets ended the week with a session of slight gains. Initial gains moderated after the indices failed to break through their annual highs. Investors’ cautious stance can also be attributed to the risks over the weekend in the context of the conflict in Iran. Corporate results remain the focus of investors’ attention, with today’s highlights including the fall in Universal Music Group following…
Reported by Consejeros Editorial Team The Board of Directors of Cellnex has appointed Laura Abasolo as a new non-executive director representing the significant shareholder GIC. Laura Abasolo, who has also been appointed as a member of the Capital Allocation Committee, has an extensive professional career in the financial and telecommunications sectors, and replaces Alexandra Reich, who has held the position of director for the past five years. Óscar Fanjul, Chairman…
The bank offers a 15% premium over the reference price, with a total consideration of up to 1.908 billion euros. It implies applying a 26e PER of 8.2x and a 26e P/BV of 1.1x. Reported by Renta 4Banco Santander has announced its intention to launch an offer to acquire all ordinary shares, preferred shares, units, and American Depositary Shares (ADS) of Santander Brasil that it does not yet own, representing…
Among the interested firms are Brookfield, KKR, EQT, and GIP (owned by Blackrock), all of which have powerful funds specialised in energy. For now, the managers and the company remain silent. Reported by Link SecuritiesThe period for submitting expressions of interest to buy a part or 100% of Acciona Energía, Acciona’s renewable subsidiary, ended last Monday, and among those who have submitted non-binding offers are the managers Brookfield, KKR, EQT,…
Report by Renta 4 European markets opened without any major movements (Eurostoxx futures up 0.1 per cent, S&P up 0.2 per cent, Nasdaq up 0.5 per cent), as did Asian markets (Japan up 1 per cent, South Korea down 1 per cent), as markets digested both Kevin Warsh’s message (which the market ultimately interpreted negatively despite an initial positive reaction) and the mixed results from Microsoft and Meta. All this…
The asset manager has assets under management of nearly €4.674 million, driven by the progress of its international strategies and profit-taking in the energy sector. Reported by the Consejeros Editorial Team Cobas AM has closed the first half of 2026 by consolidating the positive trend of its funds. The firm has reached assets under management of €4,674 million, underpinned by the solid performance of its main strategies. The International Portfolio…