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Apollo eyes takeover of Atlético de Madrid in €2.5bn deal

Apollo eyes takeover of Atlético de Madrid in €2.5bn deal

FC Atletico Madrid pitch. Credit: Yuri Turkov, Shutterstock American private equity firm Apollo Global Management is reportedly negotiating a multi-billion-euro investment in Atlético de Madrid, marking its most aggressive push yet into Spanish sport. According to Expansión, Apollo is in talks to acquire a majority stake in Atlético Holdco – the company controlling 70.35 per cent of the club’s shares …

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The Malaga region prepares for intense heatwave

Malaga region braces for swelter as intense heatwave looms

A scorching heatwave is expected to hit the Malaga region on Thursday, July 17th.  The Spanish Meteorological Agency, Aemet, has issued yellow and orange alerts in the Costa del Sol and Valle del Guadalhorce regions for heat extremes. According to Aemet, temperatures in these areas are expected to soar between 36 and 40°C during the hottest hours of the day, …

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‘Dirty’ diesel’s days are numbered: Spain rolls out brutal city bans on 10-year-old cars

‘Dirty’ diesel’s days are numbered: Spain rolls out brutal city bans on 10-year-old cars

Spain has banned diesels older than 10 year olds in its cities. Credit: bella1105, Shutterstock. Diesel drivers in the danger zone: Spain bans older motors in 30+ cities – and it’s just the beginning.  In a crackdown that’ll hit millions of Spanish drivers where it hurts — right in the glovebox — cities across Spain have begun slamming the brakes …

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