Fewer but larger transactions
According to data provided by TTRThe increase in the volume of M&A transactions and acquisitions This was thanks to the high amount of transactions signed and not to the increase in the number of transactions, which fell back to the levels of August last year, standing at a total of 65 transactions, well below the 105 registered last December, although 12% higher than in January last year.
Key players in major operations
Major operations include sales starring Repsol and Telefónica cThe aim is to reduce its debt.
Repsol sold assets of LNG a Shell for €3000M. "In this way, Repsol is relieved of the debt associated with its LNG assets and Shell assumes the financial commitments". Diego Gutierrez, the group's corporate finance expert, says Abra-invest.
Telefónica has also sold for €2467M a 69.4% of Telefonica Czech Republic the Dutch group PPF.
Most active sectors in terms of number of transactions
The most active sectors by number of transactions were the internet, followed by consulting, auditing and engineering, real estate and finance and insurance.
The interest of foreign companies in Spanish companies continues to grow, with the exception of the Internet sector, which has seen 10 deals involving Spanish companies compared to 2 in the last two years. acquisitions cross-border, cross-border transactions dominate in the 3 most active sectors, with the US, UK and France being the 3 most active countries.
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