Clara Hernanz Lizarraga

Madrid

Business Reporter at Bloomberg News

@business news reporter in Madrid

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Articles

KKR, GIC Are Said Among Final Bidders for MasOrange, Zegona JV

1 week ago | news.bloomberglaw.com | Clara Hernanz Lizarraga |Vinicy Chan |Jillian Deutsch

KKR & Co. and GIC Pte. are among the final bidders for a stake in a fiber-optic broadband network venture owned by MasOrange and Zegona Communications Plc, according to people familiar with the matter. The two funds are among the suitors that have entered a second round of the process to buy a 40% stake in the joint venture, the people said, asking not to be identified because the matter is private.
KKR, GIC Are Among Final Bidders for MasOrange, Zegona Joint Venture

1 week ago | bloomberg.com | Clara Hernanz Lizarraga |Vinicy Chan |Jillian Deutsch

Multi-colored fiber optic cables connected to a terminal. (Bloomberg) -- KKR & Co. and GIC Pte. are among the final bidders for a stake in a fiber-optic broadband network venture owned by MasOrange and Zegona Communications Plc, according to people familiar with the matter. The two funds are among the suitors that have entered a second round of the process to buy a 40% stake in the joint venture, the people said, asking not to be identified because the matter is private.
Spain’s Premier Sees No Sign of Illegal Financing in the Party

1 week ago | bloomberg.com | Daniel Basteiro |Clara Hernanz Lizarraga

Spain's prime minister Pedro Sanchez (Bloomberg) -- Spain’s Prime Minister Pedro Sanchez said he sees no evidence of illegal financing within the Socialist Party as a corruption scandal that forced the resignation of a top aide continues to roil his government. “The external audit of our accounts has been approved today. It clearly says that the state of the Socialist party’s accounts is clear, real and trustworthy,” Sanchez said during a press conference at the party’s headquarters.
Telefonica Looking to Boost Defense Investments, Murtra Says

2 weeks ago | bloomberg.com | Clara Hernanz Lizarraga

The headquarters of Telefonica in Madrid, Spain. (Bloomberg) -- Telefonica SA said it wants to ramp up investments in defense as military budgets swell across Europe. “We don’t make public how much we have in defense and security, but it’s little, or too little, in my view,” Chairman Marc Murtra said during a hearing in congress.
Qualitas Leads Bidding for $8 Billion Clean Energy Firm Cubico

2 weeks ago | financialpost.com | Thomas Gualtieri |Dinesh Nair |Clara Hernanz Lizarraga

Advertisement 1Spain’s largest renewable fund Qualitas Energy is the frontrunner to acquire clean-energy company Cubico Sustainable Investments, according to people with knowledge of the matter. Article content(Bloomberg) — Spain’s largest renewable fund Qualitas Energy is the frontrunner to acquire clean-energy company Cubico Sustainable Investments, according to people with knowledge of the matter.
Qualitas Leads Bidding for $8 Billion Clean Energy Firm Cubico

2 weeks ago | bloomberg.com | Thomas Gualtieri |Dinesh Nair |Clara Hernanz Lizarraga

A wind turbine at a wind farm in Zaragoza, Spain. (Bloomberg) -- Spain’s largest renewable fund Qualitas Energy is the frontrunner to acquire clean-energy company Cubico Sustainable Investments, according to people with knowledge of the matter. Qualitas has emerged as the leading bidder for the business after interest from KKR & Co.’s ContourGlobal, the other remaining suitor, has cooled, the people said, asking not to be identified as the information is private.
Leonardo Faces Pressure to Boost Bid for Iveco Defense Unit

2 weeks ago | bloomberg.com | Aaron Kirchfeld |Tommaso Ebhardt |Alberto Brambilla |Clara Hernanz Lizarraga

A S-Way BIO-Liquefied Natural Gas (LNG) truck on the Iveco Group NV booth at the IAA Transportation fair in Hannover, Germany, on Monday, Sept. 16, 2024. The commercial vehicle exhibition runs until Sept. 22. Photographer: Krisztian Bocsi/Bloomberg(Bloomberg) -- A consortium backed by Italy’s Leonardo SpA is facing pressure to raise its offer for Iveco Group NV’s defense unit after being outbid by European rivals, people with knowledge of the matter said.
Inditex, dueña de Zara, reporta menor ritmo de ventas y sus acciones caen

2 weeks ago | bloomberglinea.com | Clara Hernanz Lizarraga

Bloomberg — Inditex SA, propietaria de Zara, informó de un comienzo apagado del segundo trimestre y advirtió de que las fluctuaciones de los tipos de cambio podrían tener un mayor impacto en los resultados de este año de lo previsto. Las acciones cayeron. Las ventas del mayor minorista de ropa cotizado del mundo aumentaron un 6% en las cinco semanas hasta el 9 de junio, excluyendo los efectos de las divisas.
Zara Owner Inditex Posts Slowing Sales, Warns of FX Pain

2 weeks ago | bloomberg.com | Clara Hernanz Lizarraga

Inditex has invested in both expanding its network of stores and also on refurbishing existing outlets. (Bloomberg) -- Zara owner Inditex SA reported a muted start to the second quarter and warned that foreign-exchange fluctuations could have a greater impact on results this year than anticipated. The shares tumbled. Revenue at the world’s largest listed clothing retailer rose 6% in the five weeks to June 9, excluding currency effects.
Telefónica y Masorange exploran una posible operación por Vodafone España

2 weeks ago | bloomberglinea.com | Clara Hernanz Lizarraga |Vinicy Chan

Bloomberg — Telefónica SA y Masorange han mantenido conversaciones informales sobre un posible acuerdo por Vodafone España, dijeron personas familiarizadas con el asunto, un movimiento que podría llevar a una mayor consolidación en el mercado de telecomunicaciones del país.