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  • Spain energy regulator CNE has approved Enel and Acciona's joint takeover of Endesa with conditions that will continue to be debated by the regulator today and tomorrow, Cinco Dias reported, citing unnamed sources.

  • Iberdrola said on Tuesday that it is considering carrying out a capital hike to help finance the 6.4 billion euro acquisition of Energy East, a U.S. electrical group, and expects the merger to contribute to group earnings within a year.

  • Spanish power company Iberdrola plans to buy regional utility owner Energy East for $4.5 billion (3.34 billion euros) in cash, giving it a foothold in the United States, the companies announced Monday.

  • Spanish power company Iberdrola plans to buy regional utility owner Energy East for $4.5 billion in cash, giving it a foothold in the U.S., the companies announced.

  • Fashion retailer Inditex said Wednesday its first-quarter net profit rose 33%, helped by higher sales from its global network of outlets and new store openings.

  • Consumer prices in Spain rose 2.3% on the year in May, down from a 2.4% annual rate in April, the National Statistics Institute said Wednesday.

  • England's Premiership soccer players will earn more than 1 billion pounds ($1.97 billion) for the first time next season thanks to television, sponsorship and merchandising deals, a top accountancy firm said on Thursday.

  • A consortium led by U.S. private equity company TPG has withdrawn from a bid for Alitalia, leaving just two possible buyers for the Italian state's controlling stake in the loss-making airline.

  • The CEO of Royal Bank of Scotland told CNBC that the bank's $95.7 billion bid for Dutch Bank ABN Amro is more attractive than Barclays' rival bid because it offers a higher premium and will result in fewer lost jobs with more market synergies.

  • A consortium led by Royal Bank of Scotland launched a 71.1 billion euro ($95.7 billion) bid for Dutch group ABN AMRO, trumping Britain's Barclays in a battle for the world's biggest bank takeover.

  • A consortium led by the Royal Bank of Scotland seeking to buy ABN Amro is keeping all options open on a possible offer and will clarify its position on Sunday, consortium member Fortis's chairman said.

  • British Airways said on Tuesday it had decided to join a bid for Spanish airline Iberia led by private equity firm Texas Pacific Group.

  • Spain's Telefonica announced a 7.7% rise in first-quarter net profit on Wednesday, meeting expectations as a strong performance in Latin America was coupled with booming broadband growth at home.

  • Oil and energy company Repsol said Monday first-quarter net profit rose 3%, backed by lower Spanish taxes and improved margins at the company's refining operations.

  • Altadis said on Friday private equity groups CVC and PAI have made a 12.8 billion euro ($17.42 billion) offer for the Franco-Spanish tobacco group, trumping an offer by Britain's Imperial Tobacco.

  • ABN Amro Holding has been called to a hearing at the Enterprise Chamber of the Amsterdam Court of Appeal tomorrow in a case brought by the Dutch shareholders' association VEB, which is demanding an investigation into the policy making process at the bank, which is the Netherlands' largest.

  • Banco Santander Central Hispano, part of a consortium bidding for Dutch bank ABN Amro, reported Friday that its first-quarter net profit rose 21% with help from strong volume generation in Europe and Latin America.

  • Spain's Banco Bilbao Vizcaya Argentaria said Wednesday its first-quarter net profit soared 91% thanks largely to an asset sale, while activity remained strong at its core Spanish and Mexican businesses.

  • The supervisory board of French public works and transport concessions group Eiffage on Monday rejected an unsolicited all-share offer by its biggest single shareholder, Sacyr Vallehermoso of Spain.

  • Spanish building firm Sacyr Vallehermoso unveiled plans to launch a takeover bid for French construction group Eiffage on Thursday, upping the stakes in an increasingly bitter Franco-Spanish stand-off.