Indra-EM&E Fusion: Severe Differences Between Government and Escribano in Price
6 Articles
6 Articles
Angel Simón plans to take full control of Indra in the coming weeks, and will do so by replacing the CEO, José Vicente de los Mozos, on the following board of the company. He will then resume the merger with Escribano Mechanical & Engineering, for which he will have a new CEO (named temporarily), and will finish the operation at the end of September or early October. That is the road map marked from Moncloa and with which, according to OKDIARIO,…
They say that virtue is in the middle, but sometimes it seems quite complicated that it is finally so. And between the government and Escribano, finding that meeting point to reach a merger agreement between Indra and Escribano Mechanical & Engineering (EM&E) is, today, practically in the antipodes. Therefore, the negotiation of the price in a potential operation between the two companies will be the point followed or end point of the relations …
The management continues to see the purchase of the family company specializing in weapons stations as a way to advance the growth of...
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Indra will arrive at the ordinary general meeting of shareholders on June 25 with two major issues on the table: to ratify the new power structure, headed by President Angel Simón and CEO José Vicente de los Mozos, and to ratify also whether or not it reopens the negotiation to integrate Escribano Mechanical & Engineering (EM&E). The operation, considered strategic by the council, was paralyzed by the conflict of interest, 'discovered' at the la…
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