Publications
Iberian Market - First, second and third Quarter 2013
September 2013
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In the third quarter of 2013, the Spanish transactional market recorded an 8% decrease in the number of deals compared with the previous quarter, but 14% superior to the same period last year. On the other hand, the investment volume more than doubled with regards to the second quarter of 2013, and generated EUR 9,52bn; 28% superior to the same period in 2012.
The largest deals registered in the first nine months of 2013 were mainly on the financial subsector, with several sales by Spanish financial entities. Highlights include BBVA's divestments. So far this year, BBVA sold a 90,38% stake in Chilean insurance company AFP Provida, generating
EUR 1,36bn, and a 100% stake in Afore Bancomer's share capital, a Mexico-based pension funds management company, generating EUR 1,33bn. Also noteworthy was the aviation subsector. Ferrovial, through its subsidiary Heathrow Airport Holding, sold Stansted airport for EUR 2,09bn.
Indra -
Company specialized in technologic services for electronics, computers and telecom sectors.
ENC Energy - Energy company specialized in biogass.
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