madrid

Deadly attacks could have lasting impact on Paris tourism

The deadly attacks in Paris earlier this month could have a lasting impact on tourism if anti-France protests that have swept the Muslim world lead wealthy Arabs to shun the city.

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Spanish lender BMN to sell shares to pay back state-back rescue fund

Banco Mare Nostrum has intended to sell its shares before the deadline of the state funded bailout aid it received before the 2017 deadline.

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Spain's Fon nabs $14M from Qualcomm Ventures to boost Wi-Fi sharing

Madrid, Spain-based Wi-Fi sharing company Fon nabbed $14 from broadband chip maker Qualcomm Ventures to develop a new device that enables users to share music and broadband signals.

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Spain's Caixabank to sell down BME stake

Spanish banking firm Caixabank announced on Thursday that it is planning to sell down its 5% interest in stock market operator Bolsas y Mercados Españoles at €29.60 to €30.75 per share.

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Spanish bank Santander sells real estate unit to American private equity firm Apollo for $903M

The biggest bank in Spain, Banco Santander SA, sold its real estate arm to US-based private equity group Apollo Global Management in a deal valued at €664 million ($903 million).

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Amadeus purchases Newmarket International for $500M

Madrid, Spain-based global travel distribution system Amadeus bought hotel IT solutions provider Newmarket International Inc for $500 million in a bid to conquer the hospitality space.

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Advent to buy USD1.1 billion stake in Ocensa oil pipeline

US-based global private equity firm Advent International signed an agreement to purchase a USD1.1 billion minority stake in Ocensa, Colombia's biggest oil pipeline in terms of capacity.

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Spain spends Eur100 per year for track maintenance

Investigations were now being held to understand the cause of Spain train crash that killed 78 people.

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