LetterOne

Spain’s DIA Secures €350m In New Financing

Spanish supermarket chain DIA, controlled by Letterone, has secured €350 million in new financing as part of its efforts to refinance debt worth &euro...

DIA Minority Shareholders Discuss Transparency And Reforms

A coalition of minority shareholders at Spanish retail group DIA convened in Madrid last week to discuss strategies that the retailer needs to implement to...

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DIA Minority Shareholders Call On Board For Better Representation Of Interests

A coalition of minority shareholders at DIA has raised serious concerns about the company's lack of stakeholder engagement.

Grupo Dia Names Benjamin J Babcock As New President

Benjamin J Babcock has been elected chair of the board of directors of Spanish retail group Dia, succeeding Stephan DuCharme, who has stepped down.

Spanish Court Drops Inquiry Into Russian Tycoon's Bid For DIA

Spain's High Court has dropped an investigation into allegations that Russian tycoon Mikhail Fridman acted to depress the share price of DIA while trying t...

Spanish Court To Probe Russian Tycoon's Bid For DIA

Spain's high court will investigate whether Russian tycoon Mikhail Fridman deliberately acted to depress the share price of supermarket chain DIA in his bi...

Spanish Retailer DIA Posts 7% Fall In First-Half Sales

Spanish retailer DIA swung to a worse net loss in the first half on falling sales, supply disruptions and one-off costs related to store closures, but said...

DIA Secures New Financial Agreement With Lenders, Shareholders

Spanish retail chain DIA has announced that it has secured a long-term agreement with lenders and shareholders which will ensure financial stability in the...