The Spanish government has mandated Indra to expedite the acquisition of Hispasat at a high price, negatively impacting its stock valuation. This directive follows a recent decline in Telefónica's stock. In response to this acquisition, BBVA and BNP Paribas have provided Indra with a credit facility of €700 million to facilitate the purchase. Analysts have indicated that the acquisition is strategically sound despite the adverse market reaction. Indra is scheduled to meet with Defense Minister Margarita Robles to discuss the integration of Hispasat, particularly its military satellite branch. Concerns have been raised about the rapid purchase leading to potential undervaluation of Indra's Minsait division.
💢 Duro castigo de la Bolsa a Indra por comprar «a toda prisa Hispasat, por su alto precio y por el temor a malvender Minsait» ✍ Informa @MJPerez_ABC https://t.co/OvRd9gZQ3a
Los analistas defienden que la compra de Hispasat por Indra "tiene sentido estratégico" pese a la caída en bolsa https://t.co/CMsRWU98ia
BPI e CaixaBank financiam R.Power em 38,6 milhões de euros https://t.co/rNNhArgQ3V https://t.co/KVbfHsxt34