The payment processing company Stripe and the private equity fund Advent International announced yesterday a $53 billion – or €46 billion – takeover bid to buy the digital payment service PayPal, a pioneering firm in online transactions. The bidders offer $60.50 per share, with a premium of about 28% over the previous closing price. Its shares rose 15% yesterday.
The court overturns part of the layoffs due to the ERE carried out in 2024 by the Leitat technology center, in which the employers’ association Cecot and the public company Acció, among others, participate on the board. About sixty workers filed a lawsuit claiming that the process was carried out without proper information during the negotiation. They are now given the reason and their dismissal is declared null, according to a ruling by the Social Court No. 1 of Terrassa dated last July 6 and issued by Judge Rosa Milán Hernández, which La Vanguardia has accessed. The decision, which can be appealed, could have a million-euro impact.
Delivery Hero, the multinational owner of Glovo, confirmed this Tuesday that it is in advanced negotiations with Uber Technologies regarding a possible acquisition offer, thus confirming the information reported by Bloomberg News which indicated that the talks between the two last-mile delivery companies are in an advanced stage, to the point that they could be made public this very week.
The housing problem is driving the search for alternative solutions, such as the promotion of properties managed by cooperatives, following the experience of countries like Switzerland, Denmark, and Uruguay. Catalonia, the main community implementing the model in Spain, has 71 cooperative housing projects in use transfer in the last decade, more than half of which are currently in project or under construction. The total amounts to 1,218 apartments, most of them protected.
The music industry has raised alarms over the alleged fraudulent use of copyrights by artificial intelligence platforms. Large groups like Anthropic or OpenAI generate millions of songs daily, inspired –or perhaps copied– from the works of flesh-and-blood artists. While it is true that musical plagiarism has existed forever, in this case, the technological advance is of such magnitude that record labels and artists believe they are losing millions daily.
End of an era for Atrápalo. The Ávoris group, owned by Barceló, announced this Thursday an agreement to buy 100% of the online travel and leisure platform. The operation is subject to approval by the National Commission for Markets and Competition (CNMC) and is part of the hotel company’s growth strategy to strengthen its position in the online travel agency business. Neither party has made the purchase amount public.
Starting gun for the new Grifols plant in Lliçà de Vall. The President of the Spanish Government, Pedro Sánchez, laid the first stone of the facilities this Wednesday, which will begin operating in 2030. The Catalan blood derivatives company will add this complex to the one it already has in Parets del Vallés to create a 25-hectare biotechnology hub that will have more than 3,700 employees. Of these jobs, 400 will be newly created.
The pressure from the Trump Administration is forcing more and more Spanish companies to drastically reduce their activity in Cuba. The latest to give in has been the hotel chain Meliá, which will stop managing 15 of its establishments on the island, the company announced this Wednesday. The decision comes just one day after Iberostar announced its exit from 12 establishments and adds to the moves taken in recent months by Minor Hotels and Royalton Hotels & Resorts.
Mango maintains its expansion plans despite the murder charge against its owner, Jonathan Andic. The company is preparing to make a giant leap in two of its main revenue markets, France and Italy, with a million-dollar investment and the forecast to open dozens of stores in the next two years.
“You build highways.” With this phrase, ACS CEO Juan Santamaría illustrated this week the reaction of the executives of the major tech companies when the infrastructure group approached them to inform them of their ability to build data centers, battery factories, or semiconductor production plants. The disbelief with which Silicon Valley received ACS contrasts with the current situation, in which the company is in a position to participate in some of the most complex projects of the moment. This was one of Santamaría’s own messages this week at a conference organized in Madrid by the La Caixa Foundation.