Telefonica adds to stake in China Netcom Group

Article Abstract:

Spanish telecommunications firm Telefonica S.A. will increase its stake in China Netcom Group Corp. from 5% to 7.22% in a deal valued at $451.7 mil. Telefonica has announced intentions for acquiring a 10% in China Netcom, the nation's second-biggest fixed-line firm by number of subscribers after China Telecom Corp.

Communications, Broadcasting and Telecommunications, Telephone Communication, Securities issued, listed, China, Telecommunications services industry, Telecommunications industry, Company investment, Investments, Communications industry, Securities, Telefonica S.A., Company securities, TEF, China Netcom Corp.

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Joining Spain's banking elite

Article Abstract:

Over the last few months, Ram Bhavnani has acquired almost 6% of Bankinter S.A. This has made him the bank's second-ranked stockholder. Bhavnani is now seeking a spot on Bankinter's board of directors.

Banking Institutions, Depository Credit Intermediation, DEPOSITORY INSTITUTIONS, Banking industry, Banks (Finance), Investor relations, Bankinter S.A., Bhavnani, Ram

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Spanish housing boom near peak?

Article Abstract:

Housing starts in Spain are flourishing but they are outstripping demand with some homes standing empty. Housing prices are overvalued by approximately 30 percent according to the Bank of Spain.

Market information - general, Economic aspects, Supply and demand, Housing starts

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