Promotora de Informaciones SA is seeking to reach an agreement with creditors to refinance more than 3 billion euros ($4 billion) in debt as early as this week, according to two people familiar with the matter.
Novacaixagalicia completed presentations to 12 investment funds, which have until the end of August to decide whether to invest in the grouping of Spanish savings banks, Cinco Dias reported without saying how it obtained the information.
Sacyr Vallehermoso SA, the Spanish builder that´s the largest shareholder in Repsol YPF SA, plans to hold a special board meeting today to discuss plans to boost its influence over the oil company, Cinco Dias reported.
The Spanish government has reached agreement with the country’s highway operators for the more profitable companies to merge with those that risk default, Cinco Dias reported, citing Public Works Minister Ana Pastor.
Aena Desarrollo Internacional SA, a Spanish airport operator, plans to cut the workforce at its 17 smallest airports and two smallest heliports by 66 percent, Cinco Dias reported, citing an announcement made by the company to the unions yesterday.
Gas Natural SDG SA may take a stake in Algeria’s Medgaz pipeline as part of an agreement to end a pricing dispute with Sonatrach, the Algerian state energy company, Cinco Dias reported, without citing anyone.