Why Aermont Capital’s Nabiax acquisition could reshape Spain’s digital future

Why Aermont Capital’s Nabiax acquisition could reshape Spain’s digital future

In a move that signals a major shift in Europe’s digital infrastructure, Aermont Capital has agreed to acquire Nabiax, a leading Spanish data center operator, from Asterion Industrial Partners and Telefónica. The acquisition, estimated to value Nabiax at around €1 billion, could become a watershed moment for Spain’s data center industry, supporting critical advancements in […]

RH stock explodes 19% after unveiling game-changing expansion plans

RH stock explodes 19% after unveiling game-changing expansion plans

RH, previously known as Restoration Hardware, saw its stock price surge by 19% following an optimistic demand forecast for its high-end home furnishings. Despite a mixed fourth-quarter earnings report that missed revenue estimates, the company’s ambitious growth plans and aggressive advertising strategy have sparked investor enthusiasm. A bold move amid challenging conditions RH’s shares rallied […]

Centene to sell Spanish and Central European businesses to Vivalto Santé

Centene to sell Spanish and Central European businesses to Vivalto Santé

Centene Corporation, an American managed care company, has agreed to divest its Spanish and Central European businesses to French hospital company Vivalto Santé for an undisclosed price. The transaction is in line with Centene’s review of strategic alternatives for its international portfolio. The managed care company plans to use the majority of the net proceeds […]

Accenture acquires Spanish supply chain consulting firm Alfa Consulting

Accenture acquires Spanish supply chain consulting firm Alfa Consulting

Accenture has acquired a Spain-based supply chain consulting firm called Alfa Consulting that specializes in operations strategy in capital intensive industries. The financial terms of the deal were not disclosed. Alfa Consulting is headquartered in Barcelona and has offices in Madrid and Mexico as well. The supply chain consulting firm is said to have wide […]

Naturgy to sell stake in Chilean utility CGE to China’s SGI for €2.5bn

Naturgy to sell stake in Chilean utility CGE to China’s SGI for €2.5bn

Spanish energy company Naturgy has signed a deal to divest its 96.04% stake in Chilean electricity distribution company Compania General de Electricidad (CGE) for Chinese state company State Grid International Development Limited (SGI) for €2.57 billion. Established in 1905, Compania General de Electricidad supplies power to 45% of households in Chile. The company is also […]