GBS Finance advises OHL in the sale of its subsidiary Inima
OHL affirms that there are 40 parties interested in their environmental subsidiary, Inima. President of OHL, Juan Miguel Villar Mir, explained Monday that BBVA and GBS Finance are responsible for the sale and it could be completed within the next 6 months.
GBS Finance advises the buyout of Vitatene by the multinational DSM of Holland
GBS Finance advises Vitatene S.A.U. in the sale of the company to Royal DSM.
Santiago Hagerman gives opinion on the price of commodities
The market underwent a logical correction in the last few days, after sharp increases accumulated in the previous 26 months. Experts say that this movement could continue in the short term, but expect that the increases will reassert themselves. “We believe that the drop in the last few days is a natural short term corrective […]
Javier Navarro does not recommend investing in real estate and banks
The revaluation of the Spanish stock market during the first quarte was 7.3%, higher than the 4.2% of the Euro Stoxx50 and the 5.4% of the American S&P 500. The reason for this very positive start to the year has been more closing of short positions by hedge funds than the flow of new funds.
Santiago Hagerman gives his thoughts on the effect of a rise in euribor
Euribor – European interbank interest rate – 12 month rate ended April at 2.086%, the highest level since February 2009. This means a higher cost of €744 annually for an average mortgage of €150,000. According to GBS Finance partner, Santiago Hagerman, rising rates along with “tough fiscal cuts” that are required for the peripheral countries […]
GBS Finance advises the partial sale of the sports division of Secopsa
GBS Finance has advised the partial sale of the sports division of the Valencia construction company Secopsa to the Valencia based venture capital fund Angels Capital. Secopsa Deportes sold its stake in the sports facilities of Alborada and Alfafar.
Angel Carrillo was named a Vice President of GBS Finance
Angel Carrillo was named a Vice President of GBS Finance
Kevin Woods, partner of GBS Finance, comments on the M&A market
The M&A market in Spain experienced a slight recovery in volume in 2010, and also in the number of deals. In general, in our case and in that of many of our competitors, we have had to work more and carry out smaller deals in order to earn the same.
Juan Esquer explained the issuing of 6.100 million Tresury Bills at the lowest interest rate since November
The Tresury issued 6,100 million euros in 12 and 18 month bills today with the lowest interest since November, 2010, and received an overwhelming response with demand triple the amount placed. Juan Esquer, partner at GBS Finance, explained that the result of the two auctions today, in Spain and Greece, went very well, remembering that […]
Javier Navarro comments on the Alternative Stock Market (MAB)
15/02/2011 – Valencia Plaza