Spain Resumes Indra and EM&E Merger Talks to Block Rival Bid
The Spanish government has restarted negotiations to merge Indra with defence firm EM&E. This move aims to counter a potential bid from German firm Rheinmetall.
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The state holding company of Spain, SEPI, has reportedly resumed negotiations to merge INDRA SISTEMAS SA with the private defense firm Escribano Mechanical & Engineering (EM&E). This initiative is considered a priority for the Spanish government to safeguard domestic interests in the defense sector.
