Report
Nicolas David

Indra Sistemas : Indra gets a reminder on its governance issues

>Corporacion Financiera Alba sells its stake in Indra to SAPA - After the close on Tuesday 14 December, Corporacion Financiera Alba announced the sale of 5% of Indra’s capital to Spanish industrial company SAPA at a price of € 10.28 per share. Corporacion Financiera Alba still owned 3.2% of the capital following this disposal but plans to gradually to exit Indra’s capital and give up its seat on the board of directors. SAPA is a family-owned Basque company specialised...
Underlying
Indra Sistemas S.A. Class A

Indra Sistemas is engaged in the design, development, manufacture, assembly, repair, and installation of computer software and applications. Through its subsidiaries, Co. is engaged in consulting, graphic design and multimedia, web design and marketing, internet development and electronic trade, systems integration and hosting geared business to business and business to consumer, as well as in internet financing and electronic marketing. Co. serves defense and security, transport and traffic, energy and industry, telecom and media, finance and insurance, and public administration and healthcare markets. Co. operates primarily in Europe, the United States, Canada, and Latin America.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Nicolas David

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