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Stock impact report

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

REPSOL SA SP/ADR (REPYY) 
Company Research Source: Reuters
evidence of his alleged participation in a decade-old spying case, a court document showed on Thursday. FILE PHOTO: Repsol Chairman Antonio Brufau delivers a speech during the company's annual shareholders meeting in Madrid, Spain, May 19, 2017. REUTERS/Paul Hanna/File Photo The investigating judge Manuel Garcia Castellon also dismissed an investigation against former Caixabank 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 case of alleged spying. Both companies said they welcomed the decision by the court to close the probe and pledged in any case to fully cooperate with judicial authorities. 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, Luis del Rivero, in 2011 and 2012. The alleged aim was to block a takeover bid fo Show less Read more
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