Edition:
India

Distribuidora Internacional de Alimentacion SA (DIDA.MC)

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

0.64EUR
15 Feb 2019
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€-0.01 (-1.38%)
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Fri, Feb 15 2019

LetterOne has not asked for debt haircut in DIA takeover bid

MADRID, Feb 15 LetterOne (L1) has not asked DIA's creditors to accept losses on the Spanish retailer's debt as part of the fund's takeover bid, an L1 spokesman and a person present at a meeting for analysts said.

UPDATE 4-Spanish DIA announces loss and layoffs in midst of takeover bid

* Dia calls for prosecutor to press charges over accounts (Adds company asking for charges to be brought by prosecutor)

Spanish takeover target DIA posts net loss of 353 mln euros in 2018

MADRID, Feb 8 Struggling Spanish supermarket chain DIA posted a net loss of 352.6 million euros ($400.1 million) in 2018, the company said on Friday, three days after its main shareholder launched a takeover bid.

UPDATE 2-Russia's Fridman bids for Spain's Dia to avert share plan

* Bid seen as defensive ahead of planned share issue (Recasts, adds details, comment)

Russian tycoon launches 300 mln euro bid for Spain's DIA

MADRID, Feb 5 Investment group Letterone said on Tuesday it plans to make a 300 million euro ($342.7 million) takeover bid for Spanish supermarket chain Dia valuing the group at more than 400 million euros.

Spain's Dia says close to sealing 200 mln euro funding deal

Dec 28 Struggling Spanish food retailer Dia expects to reach a deal soon to refinance its banking debt, the company said on Friday, making its shares jump by over 10 percent.

DIA's main shareholder exits board, piling pressure on shares

MADRID, Dec 18 Spanish supermarket group DIA's shares slid 13 percent on Tuesday after it said that all the representatives of its biggest shareholder will quit its board of directors.

Struggling Spanish supermarket chain DIA considering capital increase

MADRID, Dec 12 Spanish supermarket chain DIA said on Wednesday it was considering raising capital, two days after its dwindling stock crashed out of Spain's blue-chip market index.

Supermarket group Dia drops out of Spain's blue-chip index

MADRID, Dec 10 Spanish supermarket chain Dia on Monday dropped out of Spain's blue-chip stock market index, the latest hit to the company that is facing a shrinking market share and a sliding stock price.

Spanish retailer DIA's interim chairman leaves board to focus on turnaround

MADRID, Dec 5 Spanish retailer DIA's interim chairman, who represents its main shareholder LetterOne, is stepping down from the board to focus on relaunching the struggling business, DIA and LetterOne said.

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