Spanish companies made large investments in working capital and in international companies, in spite of a slight slowdown in the economy during 2018.
According to figures from the consultancy firm TTR, Spanish investors spent more than 12,250 million € acquiring international capital. Of the total completed transactions over the last year, only those transactions for which the total outlay is known were included in this report. For some of these, however, the associated debt is not known.
Leading the ranking:
Abanca paid 1,379 million to Deutsche Bank for a retail business in Portugal. Amadeus(from the tourist industry) acquired Travel Click (of USA) for 1.319 million € and Cepsapurchased the state-owned oil company Abu Dabi Adnoc for 1.208 million €.
Through the following visualization, we will better understand the size of these investments per country and sector:
Figure: Main transactions by sector