Siemens Gamesa shares are up 6.2% after the takeover bid announcement over the weekend
The Ibex-35 took a 1.67% lead in Monday’s session, taking it to the 8,600 point level, with Siemens Gamesa and the bank leading the promotions.
Siemens Gamesa shares are up 6.24% that day to 17.79 euros, after this weekend Siemens Energy announced a voluntary cash takeover offer on all Siemens Gamesa shares not yet owned, ie about 32 .9% of them , with the intention of deleting them. Specifically, it offers EUR 18.05 per share.
On the other hand, the President of the European Central Bank (ECB), Christine Lagarde, indicated this Monday that the first rise in interest rates in the eurozone could be implemented at the meeting of the Governing Council of the entity set for next year is planned. month July.
“I expect net purchases under the APP (program) to end very early in the third quarter. This would allow us to raise interest rates at our meeting in July, in line with our future orientation,” the Frenchwoman specifically stated in an article published on the ECB blog.
It was also announced Monday that the Organization for Economic Co-operation and Development (OECD) gross domestic product (GDP) growth slowed to 0.1% in the first quarter from the previous three months, as growth 1.2%.
In this scenario, the Ibex-35 closed the trading session at 8,625.8 points, with Siemens Gamesa (+6.24%), Sabadell (+5.99%), Arcelormittal (+3.98%), Santander (+3 .86%), CaixaBank (+3.75%) and Bankinter (+3.31%) in charge of promotions.
In ‘red’ only Almirall (-0.95%), Grifols (-0.4%), PharmaMar (-0.29%), Meliá (-0.14%) and Amadeus (-0.14%).
The rest of European equity markets also made progress in the session, up 1.67% in London, 1.17% in Paris, 1.38% in Frankfurt and 0.17% in Milan.
The price of a barrel of Brent crude, a benchmark for Europe, was $113.35, up 0.68%, while the barrel of WTI, a benchmark for the US, rose 0.4% to $110.71.
Finally, the price of the euro against the dollar was 1.0678 ‘greenbacks’, while the Spanish risk premium was 113 basis points and the required yield on the 10-year bond was 2.118%.
Source: La Verdad
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
