Distribuidora Internacional de Alimentacion SA (DIDA.MC)
16 Nov 2018
Nov 1 Distribuidora Internacional de Alimentacion SA:
* Net debt rises to 1.4 bln euros (Adds CEO pledge to restructure debt, updates shares)
MADRID, Oct 30 Struggling Spanish supermarket chain DIA is working on making sure its surging debt does not reach a level which would break any of its financing covenants, Chief Executive Antonio Coto said on Tuesday.
MADRID, Oct 30 Spanish supermarket chain DIA posted a 24 percent drop in core profit for the first nine months on Tuesday, as it struggled with strong competition in its home market and inflation in Argentina.
Oct 19 Standard & Poor's and Moody's downgraded Spanish supermarket chain DIA's credit ratings to below investment grade, after the retailer issued its third profit warning in 12 months earlier this week.
Oct 19 Moody's has cut its credit ratings for Spanish supermarket chain DIA and also put the ratings under review after the company issued its third profit warning in 12 months earlier this week.
CORRECTED-UPDATE 1-Spanish supermarket chain DIA issues another profit warning, suspends 2019 dividend
MADRID, Oct 15 Spanish supermarket chain DIA issued its third profit warning in 12 months on Monday and suspended 2019 dividend payments as it struggles with falling sales.
MADRID, Oct 15 Spanish supermarket chain Dia issued a profit warning and suspended 2019 dividend payments on Monday due to a fall in sales, and named an executive from main shareholder LetterOne as provisional chairman.
MADRID, Oct 5 Baillie Gifford has cut its stake in Spanish supermarket group DIA to 5.6 from 8.5 percent, the third time in less than a month that the Scottish fund has reduced its holding.
MADRID, Oct 3 Goldman Sachs has raised its stake in Spanish supermarket chain DIA to 15.8 percent from 14.5 percent, a regulatory filing showed shortly after the discounter's main shareholder disclosed it had raised its own holding close to the legal threshold for a full takeover bid.