In Europe

grifols edificio

German stock market supervisor approves Grifols’ takeover bid for subsidiary Biotest at €43 per share

Link Securities | Grifols (GRF) informed the National Securities Market Commission (CNMV) that on Tuesday the German federal financial supervisory authority, the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), approved the publication of the offer document submitted by its subsidiary Grifols Biotest Holdings GmbH with the terms and conditions of the public takeover bid for delisting launched to all shareholders of Biotest AG to acquire all ordinary shares of Biotest, of which Grifols…


banco santander new

Santander plans share buybacks of up to €3.2bn with proceeds from sale of 49% stake in Polish subsidiary

Norbolsa | The Spanish bank has agreed to sell 49% of its stake in Santander Bank Polska to Erste Group for around €6.8 billion, as part of a strategy to simplify its global footprint and focus on strategically connected markets. The deal also includes the sale of 50% of its asset management business in Poland, valued at €200 million, bringing the total value of the transaction to €8.9 billion. With…


inflacion precios

Eurozone CPI up 2.2% in April, core 2.7%

Link Securities | Eurostat published on Friday that, according to the preliminary estimate, the Eurozone consumer price index (CPI) rose 0.6% in the month of April compared to March, slightly more than the 0.5% expected by the FactSet consensus of analysts. On a year-on-year basis, the eurozone CPI rose 2.2% in April (2.2% in March), also above the 2.1% projected by analysts. As for the main components of inflation in…


Airbus 320

Airbus closes agreement to acquire certain assets of Spirit AeroSystems

Alphavalue/DIVACONS | The aerospace and defence company closed a deal to acquire certain assets of Spirit AeroSystems, completing a key part of the struggling supplier’s split with Boeing. The transaction is expected to close in 3Q25, pending regulatory approvals. Airbus will provide Spirit with a $200 million interest-free credit facility to ensure the continuity of its programmes, while it will receive a $439 million payment from Spirit as compensation. The…


banco santander new

Erste Bank reportedly considering acquiring 49% of Santander Bank Polska

Renta 4 | Erste Bank is reportedly considering acquiring 49% of Santander Bank Polska (in which it has a 62% stake) which could lead to a takeover bid for 100%, according to press reports. Banco Santander has confirmed in a statement to the National Securities Market Commission (CNMV) that it has received interest from various parties and that it is in talks with Erste Group Bank AG for a possible…


iberdrola wikinger

Iberdrola installs first monopile of East Anglia THREE, largest offshore wind farm to date

Link Securities | Iberdrola, through its subsidiary ScottishPower, has installed the first monopile of its East Anglia THREE offshore wind farm, digital portal Bolsamania.com reported on Friday. This is the company’s third project within its East Anglia Hub complex, located in the North Sea (UK). It is IBE’s largest park and the second largest in the world, which will involve an investment of £4 billion. At 84 metres high, weighing…


salarios recurso

ECB says wages in Europe grew 4.8% in 2024, 3.1% expected in 2025

Intermoney | The ECB’s wage monitoring report continues to show that pressures on negotiated wages will ease over the course of the year. The ECB’s wage monitoring report continues to indicate that pressures on negotiated wages will diminish over the year. In particular, it pointed to a growth rate of negotiated wages, including exceptional payments spread over time, of 4.8% in 2024 (with an average coverage of 48.8% of employees…


Eurozona IPC 1

Eurozone advance composite PMI falls to 50.1 from 50.9 in March, pointing to near-stagnant economy

Singular Bank: April’s preliminary reading of the Eurozone manufacturing purchasing managers’ index showed a slight gain of 0.1 points to 48.7 points (versus 48.6 points in March), the highest in 27 months and above analysts’ consensus estimates (47.4 points). On the other hand, the preliminary services PMI has decreased 1.3 points with respect to March to 49.7 points. Thus, the preliminary reading of the Euro zone composite PMI in April…


iberdrola wikinger

Iberdrola to invest in 315 MW Windanker offshore wind farm in Baltic together with Kansai Electric

Alphavalue / Divacons | The Spanish utility informed the National Securities Market Commission (CNMV) that it has closed the agreement with Kansai Electric to co-invest in the Windanker offshore wind farm (315 MW) in the Baltic. Iberdrola will hold a majority stake of 51%. The project will have 21 turbines of 51 MW and will come into operation in the fourth quarter of 2026. The closing of this transaction, which…


indra5 short

Indra wins contract to modernise UK’s air surveillance network

Link Securities | Indra (IDR) has won a contract to upgrade the UK’s air surveillance network with new state-of-the-art radars, according to Bolsamania.com. NATS, the country’s air navigation services provider, has awarded the company the project, which will incorporate cutting-edge design and technology to reduce CO2 emissions. In total, Indra will deploy 19 radars distributed in different locations, each equipped with a PSR3D primary radar and a MSSR secondary radar….