Spain's state-owned SEPI has expressed concern to Indra over the conflict of interest in acquiring Escribano Mechanical & Engineering (EM&E), owned by president Ángel Escribano, whose brother Javier leads it and sits on Indra's board. SEPI demands the conflict be resolved before proceeding with the analysis. The announcement follows rumors that caused a 4.19% stock drop on Tuesday.

Raportoinut AI

The Popular Party has announced a new investigation commission in the Senate to scrutinize the State Industrial Participations Company (SEPI), separating it from the ongoing Koldo case. The move focuses on alleged ties to Venezuela and the bailout of Plus Ultra airline. Key ministers will be summoned on January 15.

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