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Spain's Primafrio targets $2 billion valuation with its IPO - Vimarsana News

Spain's Primafrio targets $2 billion valuation with its IPO

Primafrio is targeting a valuation of up to 1.7 billion euros ($2 billion) following a planned listing of a 25% stake in the Spanish logistics operator, it said on Thursday, in what would be the third market listing in Spain this year.

UPDATE 1-Green energy firm Ecoener slashes size of Spain's first IPO this year - Vimarsana News

UPDATE 1-Green energy firm Ecoener slashes size of Spain's first IPO this year

By Reuters Staff (Adds order books covered, background on other scheduled listings) MADRID, April 28 (Reuters) - Spanish renewable energy company Ecoener has slashed the target size of its share issue by almost half, a day before closing order books and fixing a final price for what will be Madrid’s first initial public offering this year. Ecoener had planned to raise up to 200 million euros ($219 million) to spend on new facilities including wind farms and solar parks, but said on Wednesday it was now aiming for a maximum of 110 million euros. “During the process of placement (of orders ...

Spain's 'Zombie Car' situation rises as study reveals 8% of cars circulate illegally - Vimarsana News

Spain's 'Zombie Car' situation rises as study reveals 8% of cars circulate illegally

SPAIN's ever growing problem with so called 'zombie cars' has reached a 10 year high as COVID-19 adds to motoring's greatest pandemic. Zombie cars is a