Post by account_disabled on Feb 27, 2024 5:31:04 GMT -5
They paralyzed the operation due to a legal issue and now the success of the debut has shown that they were right Civil Aviation concludes the investigation into the Iberia Airbus A319 in which a vehicle was found in the middle of the runway during landing Aena offers to manage the private Murcia airport after spending 60 million on the public Álvaro Nadal and Luis de Guindos. Álvaro Nadal and Luis de Guindos. Luis de Guindos and Álvaro Nadal manage to appear in the photo of AENA's historic IPO. And in a prominent place. Both made efforts to delay the operation due to a legal issue. Now, the success of the stock market debut has shown that they were right with that postponement, against Ana Pastor's criteria.
The widespread practice of IPOs shows that it is almost always the same auditor who is responsible for granting the quality certificate when a company formulates its public offer, whether direct sale or subscription of new shares. But, on this occasion, it was striking that Luis de Guindos and Álvaro Nadal opted to be very careful in Netherlands WhatsApp Number relation to the auditor. In the end, AENA's IPO was postponed until the first quarter of 2015 to resolve a formal defect related to the auditor because he had not been chosen by competition. The market was not receptive As El Confidencial Digital has learned from government sources, De Guindos and Nadal also had other compelling reasons that advised against carrying out the operation in the last weeks of 2014. And they were not only related to these legal issues. The window of opportunity to carry out large-scale corporate operations, as was the case with AENA, usually closes with Thanksgiving Day in the United States (the last Thursday in November).
It is taken into account that, from that date until the end of the year, large funds and investors take the opportunity to close their positions and do not assume excessive risks . In Economy there was a deep concern : the ministry is represented on the board of directors of AENA through the general director of Economic Policy, Ignacio , who would be seriously disempowered if the IPO was finally scuttled due to lack of institutional support . It was detected that the market was not particularly receptive. But this refusal clashed with the criteria of the Minister of Development, Ana Pastor , determined to go public in November. The success is now presumed Now, as has learned from sources close to the operation, the Government considers that “the De Guindos-Nadal clamp was completely right in the deadlines because the placement has exceeded all expectations,” they acknowledge.