Edition:
United States

Abengoa SA (ABG.MC)

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

0.52EUR
11:35am EDT
Change (% chg)

€0.00 (+0.77%)
Prev Close
€0.52
Open
€0.52
Day's High
€0.55
Day's Low
€0.52
Volume
150,452
Avg. Vol
376,947
52-wk High
€2.44
52-wk Low
€0.33

Latest Key Developments (Source: Significant Developments)

Abengoa to sell activity of its unit Abentel to Ericsson
Wednesday, 6 Jul 2016 04:27am EDT 

Abengoa SA : Says to sell activity of its subsidiary Abentel to Ericsson . Under the deal Abentel’s assets, projects and employees will be transferred to Ericsson . It is planned that about 500 professionals specialized in fiber networks rollout and Abengoa’s services will join Ericsson .The agreement to be closed during the third quarter of 2016.  Full Article

Abengoa sells 3 pct stake in Yoigo for up to 35 mln euros
Tuesday, 21 Jun 2016 04:02am EDT 

Abengoa SA : Says sells 3 percent stake in Yoigo for up to 35 million euros ($39.7 million), expects to close the operation in the third quarter of 2016 Further company coverage: [ABG.MC] ($1 = 0.8820 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Abengoa updates on proceedings in US insolvency courts
Tuesday, 14 Jun 2016 05:10am EDT 

Abengoa SA : Says some of its US units have started voluntary proceedings in the US insolvency courts . Says in the framework of these proceedings, the units submitted motions to the US courts in relation to the sale process of two Maple plants in the United States .To facilitate the sale of Maple plants, current creditors of the units agreed to provide additional financing of $10 million.  Full Article

Abengoa wins new project in Argentina valued at $2 mln
Tuesday, 10 May 2016 10:41am EDT 

Abengoa SA : Wins new project in Argentina valued at $2 million . To expand a transformer station in the province of Chaco, northern Argentina Further company coverage: [ABG.MC] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;)).  Full Article

Abengoa SA to carry out cost cuts affecting 10 pct of jobs in Spain
Monday, 2 May 2016 08:00pm EDT 

Abengoa SA:Plans to carry out adjustments as part of its restructuring programme which could affect up to 10 percent of its workforce in Spain.  Full Article

Abengoa SA wins $90 mln contract in Uruguay
Monday, 18 Apr 2016 08:00pm EDT 

Abengoa SA:Says wins in consortium contract to build new port terminal in Montevideo, Uruguay for over $ 90 million.Says it holds a 50 percent stake in the consortium.  Full Article

Abengoa SA is awarded a $6.5 mln deal in Uruguay
Monday, 11 Apr 2016 08:00pm EDT 

Abengoa SA:Is awarded a deal to expand a hospital in Uruguay for $6.5 million.  Full Article

Abengoa SA sells four photovoltaic plants in Spain
Wednesday, 6 Apr 2016 08:00pm EDT 

Abengoa SA:Sells four photovoltaic plants to Vela Energy SL.Says plants located in Sevilla and Jaen provinces in Spain are valued at 57.2 million euros.  Full Article

Abengoa SA wins transmission project in Oman worth 50 mln euros
Friday, 18 Mar 2016 07:40am EDT 

Abengoa SA:Has been awarded a 50 million euro transmission project in Oman by the Oman Electricity Transmission Company (OTEC).Abengoa will be responsible for the construction, supply, assembly, and commissioning of two new substations 132/33kV, one located in Samad and the other in Sinaw.  Full Article

Abengoa SA agrees draft rescue with creditors
Thursday, 10 Mar 2016 02:00am EST 

Abengoa SA:Had agreed a draft rescue plan with creditors, who would loan up to 1.8 billion euros to the company over a period of five years with a right to 55 percent of the company.Under the draft agreement, Abengoa would swap around 70 percent of its existing debt for equity, giving the right to 35 percent of the newly-financed company.Existing shareholders would dilute their shareholding to 5 percent of the restructured company under the proposal.  Full Article

BRIEF-Abengoa to sell activity of its unit Abentel to Ericsson

* Says to sell activity of its subsidiary Abentel to Ericsson