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0 0.00645161290322589 0.00645161290322589 0.0103046594982079 0.0125448028673836 0.00627240143369178 0.00896057347670248 0.0134408602150538
Stock impact report

Spanish court drops investigation into Repsol chairman in alleged spying case [Reuters]

REPSOL SA SP/ADR (REPYY) 
Company Research Source: Reuters
after it found no evidence of his alleged participation in a decade-old spying case, a court document showed on Thursday. The investigating judge Manuel Garcia Castellon also dismissed an investigation against former Caixabank (CABK.MC) chairman Isidro Faine and the companies Repsol and Caixabank. The High Court had put all of them under investigation as part of a probe into the alleged spying case. Repsol's spokesperson was not immediately available for comment. A Caixabank spokesperson declined to comment. Castellon was investigating whether Repsol and Caixabank hired Grupo Cenyt, a security firm belonging to former police chief Jose Manuel Villarejo, to spy on the then chairman of construction company Sacyr (SCYR.MC) , Luis del Rivero, in 2011 and 2012. The alleged aim was to block a takeover bid for Repsol by Sacyr and Mexican state oil firm Pemex. Repsol was then partly owned by Caixabank. On Thursday, the court said "without evidence that the chairmen of the compan Show less Read more
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