Spain Plans to Implement Indra Defense Business Spin-off Scheme to Balance Mergers and Acquisitions with Control
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This move aims to enable the business to participate in industry consolidation while ensuring national control over the parent company. The plan allows Indra to maintain control over the new subsidiary while attracting other companies to take stakes. This is seen as a potential solution to the deadlock within Indra regarding the acquisition plan for the Escribano brothers' company. Although the government has discussed this with shareholders, no final decision has been made. The board is currently considering several options, including this plan.
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