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India

Distribuidora Internacional de Alimentacion SA (DIDA.MC)

DIDA.MC on Madrid SE C.A.T.S.

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24 May 2019
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Tue, May 21 2019

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Spain's market regulator examines DIA tweet by Santander's Botin

MADRID Spain's market regulator is analysing comments on Twitter from Santander's chairman Ana Botin about an agreement with Russian tycoon Mikhail Fridman to rescue Spanish retailer DIA, a spokesman for the supervisor said.

Spain's market regulator examines DIA tweet by Santander's Botin

MADRID, May 21 Spain's market regulator is analysing comments on Twitter from Santander's chairman Ana Botin about an agreement with Russian tycoon Mikhail Fridman to rescue Spanish retailer DIA, a spokesman for the supervisor said.

Spanish retailer DIA strikes rescue deal with banks

MADRID Struggling Spanish retailer DIA reached an eleventh-hour agreement to secure financing on Monday, new owner LetterOne said in a statement, staving off the imminent risk of having to start insolvency proceedings.

UPDATE 4-Spanish retailer DIA strikes rescue deal with banks

MADRID, May 20 Struggling Spanish retailer DIA reached an eleventh-hour agreement to secure financing on Monday, new owner LetterOne said in a statement, staving off the imminent risk of having to start insolvency proceedings.

Spain's retailer DIA avoids insolvency after agreement with Santander-source

MADRID, May 20 Spanish retailer DIA on Monday avoided filing for insolvency after it reached an agreement with Santander on its debt restructuring, a source with knowledge of the matter said.

Fridman's DIA plan offers less to Spanish banks than foreign bondholders-Santander

MADRID, May 20 The plan from Russian tycoon Mikhail Fridman's investment fund LetterOne for the Spanish retailer DIA offered much less for Spanish banks than to foreign bondholders, Santander chairman Ana Botin said on Monday.

Russian tycoon wins control of Spain's DIA as financing deadline looms

MADRID Russian tycoon Mikhail Fridman's investment fund LetterOne (L1)has won control of Spanish retailer DIA but has not yet secured support from all of the loss-making group's creditors with three days to go before a financing deadline.

Russian tycoon wins control of Spain's DIA as financing deadline looms

MADRID Russian tycoon Mikhail Fridman's investment fund LetterOne (L1)has won control of Spanish retailer DIA but has not yet secured support from all of the loss-making group's creditors with three days to go before a financing deadline.

UPDATE 2-Russian tycoon wins control of Spain's DIA as financing deadline looms

* Repeated losses have left DIA at risk of insolvency (Adds final calculation of stake size)

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