US EditionThe Indra Soap Opera: Government Now Demands the Chairman's Resignation to Authorize the Purchase of His Company
17 Articles
17 Articles
SEPI works at forced marches to close the exit arguing "conflict of interest" in negotiations to integrate with EM&E More information: SEPI launches an ordago for Escribano to leave arguing Indra's "conflict of interest" with EM&E
In a communication to the supervisor of the markets, the CNMV, SEPI explains that it has stated that an eventual transaction with Escribano Mechanical & Engineering S.L. (“EME”) “should not be conceived as an instrument to resolve the conflict of interest, nor should it be influenced by it.” The State Society of Industrial Participations (SEPI), owner of 28 % of Indra, has referred its “concern about the influence that the conflict of interest i…
The government finally makes public its discontent with the merger operation between Indra and Escribano Mechanical & Engineering (EM&E). The State Society of Industrial Participations (SEPI) has today referred a relevant fact to the National Securities Market Commission (CNMV), the regulator of the stock markets, in which our "concern about the influence that the conflict of interest is having on the analysis" of a possible integration between …
Moncloa has broken up with Indra's president, Angel Escribano, after having supported his appointment as head of the strategic company just a year ago.
The government communicates to the CNMV through SEPI its "concern" for the conflict of interest that the operation would generate
The Government conveys to the company its ‘concern’ over the conflict of interest of the leader and his company
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