All posts tagged Spain

lloyds TSB

Lloyds agrees sale of Spanish retail banking operations to Sabadell

UK’s Lloyds Banking Group plc (LON:LLOY) on Monday said it would sell its retail banking activities in Spain to local lender Banco de Sabadell SA (MCE:SAB) in a cash and stock transaction, as part of plans to rationalise international presence. […]

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Telefonica

Spain’s Telefonica considers asset disposals in a move to cut debt

Spanish telecom operator Telefonica SA (MCE:TEF) is mulling over additional divestments, which may include its Irish and Czech operations, assets in Central America and its minority holding in

Algeria

Spain’s Iberdrola sells stake in gas pipeline operator Medgaz

Spanish utility major Iberdrola SA (MCE:IBE) on Friday unveiled a EUR146m (USD193.4m) deal to sell its 20% stake in gas pipeline operator Medgaz SA to Fluxys Belgium NV

Satellite

Spain to offload stake in satellite operator Hispasat to Abertis

The Spanish government plans to dispose of its interest in local satellite operator Hispasat SA, selling the stake to Abertis Infraestructuras SA (MCE:ABE), Spanish news agency Europa Press

Food

UK online food website firm Just-Eat acquires Spanish rival SinDelantal

UK-based online food ordering websites operator Just-Eat Ltd said on Wednesday it had bought its main Spanish competitor SinDelantal Internet SL without revealing the financial terms of the

The economic situation in Spain has triggered widespread protests

Unemployment in Spain reaches new heights as tourism trade slows

Unemployment in debt-ridden Spain rose by 1.7% in September, according figures released by the country’s Labour Ministry on Tuesday. The increase in unemployment last month follows an increase in

Spain crisis

Spanish deposits shrink by €74bn as recession deepens

Depositors in recession hit Spain withdrew EUR74bn from the country’s banks in July, according to figures from the European Central Bank (ECB). The deposit loss equals 7% of Spain’s

LCL is part of Credit Agricole

France’s Credit Agricole still interested in selling stake in Spanish Bankinter

French banking group Credit Agricole SA (EPA:ACA) views the stake it owns in Spanish peer Bankinter SA (MCE:BKT) as non-strategic and it is still considering all options regarding

Bahrain's financial harbour

UK’s 3i sells Spanish Esmalglass to Bahrain-based Investcorp

British private equity investor 3i Group Plc (LON:III) said today it had divested Esmalglass-Itaca, a Spanish supplier of intermediate products for the ceramic industry, to Bahrain-based investment manager

Spain's sovereign debt crisis

Fears of sovereign bailout for Spain grow

Asian shares fell and the euro hovered near multi-year lows earlier on Monday as Spain ignited concerns about its ability to resist a sovereign bailout after two indebted

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