Sacyr Names Pedro Sigüenza CEO, Values Voreantis at 4 Billion Euros, Puig and FCC Raise Dividends

Spanish infrastructure and construction company Sacyr is set to approve the appointment of two new board members and new dividend payments at its upcoming shareholders' meeting. The company also elevated Pedro Sigüenza to CEO and increased the valuation of its subsidiary Voreantis to 4 billion euros, anticipating a forthcoming market launch. Sacyr's infrastructure group, led by President Manuel Manrique, has a market capitalization exceeding 2.8 billion euros, which Manrique believes protects it from potential takeover bids. In the food sector, Ebro Foods aims to maintain an EBITDA above 400 million euros and has raised its dividend. Cosmetics firm Puig will distribute a dividend of 212 million euros starting Thursday, with a payout ratio of 40%. Telefónica has added Borja Ochoa to the board of its alarm company in partnership with Prosegur, while retaining Emilio Gayo. Construction firm FCC approved a dividend of 0.5 euros per share and re-elected Alicia Alcocer Koplowitz as a board member. Additionally, Cajamar has appointed Bernabé Sánchez-Minguet as the new president of BCC.