stock market – The Corner https://thecorner.eu Business News & Financial News | Spain & Europe Thu, 10 Oct 2024 08:31:18 +0000 en-GB hourly 1 https://wordpress.org/?v=5.6.2 Europastry suspends IPO for fourth time, second this year, due to geopolitical instability, or too high a price? https://thecorner.eu/news-spain/spain-economy/europastry-suspends-ipo-for-fourth-time-second-time-this-year-due-to-geopolitical-instability-or-too-high-a-price/116996/ Wed, 09 Oct 2024 14:50:57 +0000 https://thecorner.eu/?p=116996 The Corner

Alphavalue: The company has suspended its IPO for the fourth time, for the second time this year, two days before it was due to go ahead. In the statement to the National Securities Market Commission (CNMV), they informed that they were cancelling the operation due to the geopolitical situation, which is causing instability in the markets. However, according to the Financial Times, the fact that an IPO has been halted...

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Europastry submits documentation again to try to start trading with valuation close to €1,500m https://thecorner.eu/news-spain/europastry-submits-documentation-again-to-try-to-start-trading-with-valuation-close-to-e1500m/116753/ Thu, 26 Sep 2024 16:40:27 +0000 https://thecorner.eu/?p=116753 The Corner

Norbolsa | The company seems to be trying again to go public, where today it will present the necessary documentation to do so. In addition, it seems that Criteria Caixa would be willing to subscribe shares in this operation, as announced on 21 June. We recall that Europastry is one of the largest bread and pastry production companies in Europe; valuations are around €1,500M; on the other hand, remember that...

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Listed companies demand regulatory change to facilitate exclusively telematic general shareholders’ meetings https://thecorner.eu/news-spain/listed-companies-demand-a-regulatory-change-to-facilitate-exclusively-telematic-general-shareholders-meetings/116479/ Thu, 12 Sep 2024 07:53:23 +0000 https://thecorner.eu/?p=116479 The Corner

Only four companies on the Spanish stock exchange have held their meetings exclusively by telematic means this year. And the major Spanish listed companies agree on the need to reform the current regulations in Spain to facilitate this procedure and allow each company to freely choose how to hold its General Shareholders’ Meeting. The experts point out that in Spain the regulation of general meetings lacks the necessary flexibility to...

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MasOrange announces voluntary redundancy plan for maximum of 795 workers https://thecorner.eu/news-spain/spain-economy/masorange-announces-voluntary-redundancy-plan-for-maximum-of-795-workers/116375/ Fri, 06 Sep 2024 06:39:15 +0000 https://thecorner.eu/?p=116375 The Corner

Alphavalue / Divacons | MasOrange, the telecommunications company resulting from the merger of Orange and Masmovil in Spain, announced a voluntary redundancy plan for a maximum of 795 workers, which represents 9.5% of the 8,400 employees that make up the company’s current workforce, according to an internal communiqué sent to employees. Yesterday, MasOrange agreed with the government to maintain the workforce, although it is a question of voluntary redundancies, and...

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20th MidCap forum kicks off at Spanish Stock Exchange https://thecorner.eu/news-spain/spain-economy/the-20th-midcap-forum-kicks-off-at-the-spanish-stock-exchange/114770/ Mon, 27 May 2024 08:14:59 +0000 https://thecorner.eu/?p=114770 The Corner

The MedCap forum, organised by Bolsas y Mercados Españoles, celebrates its 20th edition between Tuesday 28th and Thursday 30th May. Designed as a meeting point between the main small and mid-cap companies and national and international institutional investors, this year it will be attended by more than a hundred issuers and other market operators. The main objective of MedCap is to boost the liquidity and financing capacity of listed small...

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Berkeley goes on the offensive over Salamanca uranium mine veto with multi-million dollar arbitration against Spain at ICSID https://thecorner.eu/news-spain/spain-economy/berkeley-goes-on-the-offensive-over-salamanca-uranium-mine-veto-with-multi-million-dollar-arbitration-against-spain-at-icsid/114018/ Thu, 11 Apr 2024 11:04:01 +0000 https://thecorner.eu/?p=114018 The Corner

Link Securities| The mining company will open a multi-million dollar arbitration against Spain in the ICSID over the government’s veto of the Salamanca uranium mine. The company is taking a further step in its offensive after requesting, in November 2023, by letter to the Government, a negotiation for the Retortillo project that the Executive rejected in 2021, as reported yesterday by the newspaper ElMundo.es. This letter, in fact, constituted a...

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