Spain's Iberdrola buys big ...
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Iberdrola SA, Spain's second-largest electricity company, said Wednesday it will pay nearly ?85 million (US$113 million) for a 49.9 percent stake in Greece's largest wind power generator, Rokas.
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BBVA has agreed to buy U.S. bank Compass Bancshares Inc. for $9.6 billion, the Spanish bank said on Friday, realizing a long-held ambition to gain a firm footing in the United States.
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Iberdrola shares lost about 2 percent on Tuesday after the Spanish power group said it would buy U.S. Energy East Corp. for $4.5 billion and that the acquisition would add to earnings from year one.
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Santander Central Hispano SA, the biggest bank in Spain and Latin America, may drop its 8.2 billion ($14.9 billion) offer to buy Abbey National Plc if rival bids lead to a long competition
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The second largest bank in Spain is buying Laredo National Bancshares Inc. for $850 million, according to published reports. Banco Bilbao Vizcaya Argentaria SA will acquire the parent company of Laredo National Bank for $850 million.
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Share sale to fund 'world's biggest fab' expansion plan
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The Spanish bank which is buying Abbey made a Â£2.2bn profit (3.1bn euros)in the first nine months of 2004. Banco Santander Central Hispano, which is acquiring the UK lender in a Â£8.
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Grupo Martinsa, a Spanish real estate company, agreed to buy Fadesa Inmobiliaria, another real estate company, for about 4 billion euros ($5.1 billion) to quadruple its land holdings. Martinsa, a closely held company based in Madrid, bid 35.70 euros for each of the remaining shares, 21 percent more than the closing price Wednesday of 29.55 euros. Manuel JovÃ©, chairman of Fadesa, agreed to sell his familyÂs 54.6 percent stake in the company, based in La CoruÃ±a. House prices have been rising in Spain for seven years and the purchase of Fadesa is the fourth acquisition of a real estate company in the country since June.
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OSLO/NEW YORK  - U.S.-Norwegian Royal Caribbean   Cruises Ltd. RCL.OL RCL.N agreed on Thursday to buy Spain's   biggest cruise and tour operator, Pullmantur S.A., for 430   million euros ($552 million) to boost operations in the   lucrative European cruise market.
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Publishing group Pearson said it had agreed to sell its 79-percent stake in Spanish media group Recoletos to an investment vehicle formed by a consortium of Spanish investors for 743 million euros (988 million dollars).
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CONCRETE maker RMC is set to be bought by Mexican rival Cemex in a deal valuing it about Â£2.3bn. Directors from both companies have approved the purchase of the world&#39;s biggest maker of ready-mixed cement.
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MADRID/NEW YORK  - Banco Bilbao Vizcaya Argentaria SA , Spain's second-largest bank, agreed to buy Compass Bancshares Inc.  for $9.6 billion, realizing a long-held goal of gaining a solid foothold in fast-growing southern U.S. states.
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Royal Ahold NV, the food retailer that owns the US Giant chain, agreed to sell its Spanish business to Permira funds for 685 million euros ($851 million).
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ONE of the UK&#39;s biggest industrial companies is set for Mexican ownership after agreeing to a Â£2.3bn takeover offer. Directors of Egham-based RMC - the world&#39;s largest ready-mixed concrete producer - have
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BBVA, Spain's second-largest bank, said Tuesday it has agreed to buy Texas-based Laredo National Bancshares for $850 million in cash as part of a strategy to gain a greater share of the U.S. Hispanic market.
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LONDON Banco Santander Central Hispano, Spain&#39;s biggest bank, said Thursday that it was selling as much as Â£1.26 billion of shares in Royal Bank of Scotland Group, scaling back its 16-year partnership with the British bank as it seeks to buy Abbey
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Spain's Iberdrola said on Tuesday it will make a share issue to help finance its $4.5 billion cash purchase of U.S. regional gas and electricity supply company Energy East before completing the deal in the second half of 2008.