Light in the Spanish economy

By Enrique Quemada Clariana, in Madrid | As we are M&A advisors, last week a German investment fund visited us in Madrid with the intention of giving us a mandate to search for Spanish industrial companies on sale.  They think there are great opportunities in Spain. Their belief is that there will be an ‘inverse delocalization’, which means that, given the crisis that has taken place in the last five years and…

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Distressed assets investors head to Spain for restructuring plans

Rumours of a super-toxic bank have been building up in Spain ever since the conservative People’s Party won the country’s general election by landslide. According to last weekend’s Bloomberg reports, “Spanish Prime Minister-elect Mariano Rajoy has asked for at least two papers from academics on how to create a so-called bad bank, according to two people with knowledge of the matter. “Both proposals outline mechanisms for a state-backed agency to buy soured assets…