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Moncloa and Sepi Took a Year to "Check the Conflict of Interest" in the Merger of Indra with Its President's Company

Summary by El Mundo
The State Society of Industrial Participations (Sepi) did not discover that there was a conflict of interest in the merger of Indra with the company of its then president,...

3 Articles

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The State Society of Industrial Participations (Sepi) did not discover that there was a conflict of interest in the merger of Indra with the company of its then president,...

·Madrid, Spain
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“It is a matter of the company,” he added. The position of the director of the Moncloa Economic OfficeFor his part, the secretary of state and director of the Office of Economic Affairs and G20 of the Presidency of the Government, Manuel de la Rocha, explained that when Ángel Escribano was appointed executive president of Indra in January 2025 there was still no possible integration with the signature of which he is co-owner, EM&E. The quoted, i…

The president of the Sepi, Belén Gualda, said this Tuesday in the Congress of Deputies that the agency, the first shareholder of Indra, with about 30% of the capital, will decide on the possible merger of the Spanish multinational of Defense with Escribano Mechanical & Engineering (EM&E) after being presented a new strategic plan. Gualda has also revealed that six structures were presented to fit the operation, but that they were finally discard…

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economiadigital.es broke the news on Tuesday, June 9, 2026.
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