Indra President Refuses to Resign, Demands Explanations on Escribano Merger Amid Government Pressure

The president of Indra has refused to resign and is demanding explanations from Moncloa regarding its change of criteria on the merger with Escribano, as government pressure has led to a further stock market decline. This follows SEPI's communication to the CNMV that it does not accept the 'conflict of interest' generated by the proposed merger.