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Petrodollars Flow into Spanish Corporate Giants

Petrodollars Flow into Spanish Corporate Giants
Business
2025-03-11
10

Arab monarchies, flush with petrodollars, are making significant investments in Spain's corporate landscape, including acquiring Tendam (Cortefiel) and taking a leadership role in Telefónica. Read more...

Abu Dhabi Royal Family Buys Majority Stake in Tendam

Abu Dhabi Royal Family Buys Majority Stake in Tendam
Business
2025-03-03
7

The Abu Dhabi royal family, through Multiply Group, has acquired a 68% stake in Tendam (formerly Cortefiel), aiming to boost its young brands and launch new ones. The deal followed extensive negotiations. Read more...

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