Pablo Díaz-Lladó talks about M&A in the first quarter of 2011
Experts rule out a revival of M&A in the medium term. Pablo Diaz-Lladó, partner of GBS Finance, points out that to produce a recovery, “companies need to have access to credit”, as many companies do not have sufficient liquidity to undertake acquisitions. Moreover, the valuations of these acquisitions will be more realistic than in the […]
Javier Navarro, Director of GBS Finance in Valencia, talks about interest rates
The pressure on the stock exchanges has increased recently due to a number of factors. On one hand, the price of crude oil remains high due to geopolitical tensions with Iran and, on the other, there are fears of a possible low acceptance of the exchange plan for the Greek debt. We believe that if […]
Interview with Juan Antonio Samaranch, CEO of GBS Finance
Nowadays, the main driver of the sector is the lack of liquidity, and although, some businessman were reluctant, mergers and integration deals are beginning to seem attractive,this way they try tobe practical, to seek synergies, economies of scale, and often to be protected from the entry of competitors.
Pablo Díaz-Lladó, partner of GBS Finance, comments about corporative deals
There are still corporate deals being done, but smaller in size and of more strategic value. An example of this trend includes divestitures, recalls Pablo Diaz-Llado, partner of GBS Finance. “Divestitures from secondary activities to grow and focus on the core business are one of the guidelines that are imposed. By doing this, companies streamline […]
Mikel Bilbao, partner of GBS Finance, talks about the new calendar for investment banks.
GBS Finance expects a strong year in the field of mergers and acquisitions, especially in the renewable energy sector and infrastructures. “Of course, we will see smaller size deals and lower prices”, comments Mikel Bilbao. Bilbao also notes that the health sector, with the new map of hospital groups drawn, and the media, with recent […]
Interview with Kevin Woods: “We are losing fear”
We cannot deny that we are in a complex environment. However, difficult times can bring opportunities. Prices are coming down and companies and investors are beginning to lose their fear and close deals. 2012 will be a year of crossborder deals with Asian companies entering Spain and Spanish companies diversifying abroad.
Interview with Pedro Gomez de Baeza: “Portuguese privatizations are good and attractively price”
“In general, the companies we speak about are attractive. And the prices are now much more attractive than before”, answered Pedro Gomez de Baeza, founder of GBS Finance. The privatization plan, agreed at 5,000 million euros until the end of 2013, contains risks, he admits. “Probably, it’s better to make privatizations more slowly. But Portugal […]
GBS Finance colaborates with IEB in the foundation of a Business Development Center
The Instituto de Estudios Bursátiles (IEB), specialized in financial education, has launched a Business Development Center for innovation in financial services. On one hand, the center will provide the training necessary to build a business, but above, all, facilitate access to finance, one of the main obstacles in creating a company. Partners of this initiative […]
Rodés left Gómez-Acebo to lead GBS Finance in Catalonia
Gonzalo Rodés, up to now partner and member of the Gómez-Acebo & Pombo Business Committee, has joined GBS Finance as Chairman of the investment bank in Catalonia whose CEO is Juan Antonio Samaranch.
GBS Finance acted as advisor of AON Gil y Carvajal in the acquisition of 80% of the insurance broker GDS
CaixaBank and March Unipsa have reached to an agreement to sell 80% of its insurance broker GDS to AON Gil y Carvajal. Thetransaction is pending approval of the Directorate General of Insurance and will be signed for €15.2 million. GDSwill be part of the multinational AON Gil y Carvajal, a company that has been advised […]