MADRID (Reuters) – State-owned Spanish airport operator Aena has postponed filing the prospectus for its planned $10 billion stock market listing until next week, an official said on Friday, after the Madrid bourse regulator said it needed more information.
The sale of a 49 percent stake in the world’s biggest airports operator has been flagged as the largest initial public offering in Europe this year and a litmus test for domestic investor faith in an economic recovery.
MADRID, Oct 24 (Reuters) – State-owned Spanish airport
operator Aena’s initial public offering could start as soon as
next Monday at a premium price compared to its European peers, a
report from the public body advising the government on
privatisations showed on Friday.
The sale of a 49 percent stake in the world’s biggest
airports operator was flagged as the largest initial public
offering in Europe this year and a litmus test for domestic
investor faith in an economic recovery.
MADRID, Oct 24 (Reuters) – Spain’s Caixabank and
Bankia posted a rise in nine-month profits on Friday,
as their core banking performance was boosted by lower costs and
higher charges to clients.
Both banks, though, reported a drop in lending.
Spanish banks are recovering this year from a deep financial
crisis. But they are still lumbered with higher levels of soured
loans than before the 2008 property crash, when they were forced
to shed assets and shrink their balance sheets.
MADRID, Oct 14 (Reuters) – Spain will sell a 21 percent
stake in its state-owned airports operator Aena to Corporacion
Financiera Alba, Ferrovial and British
investment fund TCI, Aena’s holding company Enaire said on
The deal is part of a partial privatisation of the world’s
largest airports operator.
MADRID (Reuters) – The leader of Spain’s Catalonia region will call off a referendum on independence from Spain planned for Nov. 9 and look for alternative ways to consult Catalans, a key regional political party said on Monday.
Esquerra Republicana de Catalunya, a pro-independence party that backs the regional government of Artur Mas said the Catalan leader had told it and other political forces during talks on Monday that he would not organize the referendum as planned.