The Spanish hydrocarbon company Moeve (formerly Cepsa) and the Portuguese company Galp have reached a non-binding agreement to advance negotiations on the potential integration of their businesses. downstream —refining, distribution, and sales at service stations—, with the aim of jointly gaining scale in an increasingly competitive sector and thus creating a European giant on the Iberian Peninsula, according to a statement released by Moeve. Specifically, the negotiations will assess the possible creation of two complementary European energy platforms: an industrial one, called IndustrialCo, which will focus on the refining and chemical businesses. trading, green molecules and low-carbon fuels, geared towards serving corporate clients; and another mobility division focused on the sale of fuels (including electric vehicle charging) and convenience services aimed at retail and mobility customers, while driving the development of next-generation mobility solutions, called RetailCo.

American personal care products manufacturer Kimberly-Clark, owner of brands such as Kleenex and Scottex, has reached an agreement to acquire Kenvue, also American, which controls brands such as Listerine and Neutrogena, valuing it at $48.7 billion (approximately €42.2 billion). According to the agreement, unanimously approved by the boards of directors of both companies, each share of Kenvue will be exchanged for 0.146 shares of Kimberly-Clark and $3.50 in cash, representing a total price of $21.01 per share at closing. The transaction, one of the largest ever recorded globally in the consumer goods sector, is expected to close in the second quarter of next year, according to the planned schedule.

The Raventós Codorníu wine group closed the 2024-2025 financial year (from July 1 of last year to June 30 of this year) with a new record in sales and profits, pending the outcome in the coming months of the sale of shares by the American private equity fund Carl six years ago. It closed the financial year with revenues of 238 million euros, 3% more than the previous fiscal year (These figures are at constant exchange rates), which represents a record high in the company's history. Likewise, earnings before interest, depreciation, and amortization (EBITDA) also reached a historic high, with an annual increase of 13% to €44 million.

Turkish Airlines, the Turkish flag carrier, has submitted a binding offer to acquire Air Europa, currently holding a minority stake. The offer comes after Germany's Lufthansa ruled out a stake in Air Europa.

Catalan cement company Molins and Mexican company Grupo Titan have agreed to jointly acquire 80% of Bosnian Baupartner, a company specializing in prefabricated concrete and steel structures, the two companies announced in a joint statement. The purchase will be made through a joint venture (joint venture) between the Catalan and Mexican companies, which have not revealed the price of the transaction.

The sanitaryware manufacturer Roca Group has acquired the Italian bathroom design brand Antonio Lupi Design, the company announced in a statement on Tuesday. The transaction is part of the Catalan company's strategy to intensify its international growth. premiumAlbert Magrans, CEO of Roca, stated in the statement that the transaction will allow Laufen to position itself in a "privileged position in the high-end segment of the market." The Catalan multinational, which did not provide details of the amount paid in the transaction, operates in Italy through this subsidiary and already acquired Idral, a leading company in the country in faucets for public restrooms, a year ago.

The National Commission for Markets and Competition (CNMC) published this Monday the conditions imposed on the public takeover bid (OPA) by the Italian group Esseco for the Catalan multinational chemical company Ercros. In a statement, the institution itself considered that there are two markets where the company resulting from the sale would be in a situation close to monopoly.

The American investment fund Carlyle has hired the banks Santander and Morgan Stanley to advise it on the sale of the wine group Raventós Codorníu, of which it controls 68% of the capital, it announced this Monday. Expansion and has confirmed the ARA.