--Iberdrola Chief Executive Ignacio Galan is backing away from his feud with Siemens AG over its management of Siemens Gamesa until Spain's market regulator decides if the German company broke the shareholders' agreement it signed when it bought a majority stake in Gamesa, Expansion reports.

--If CNMV finds that Siemens AG broke the agreement, Iberdrola could force the German business to buy out its 8% stake in Siemens Gamesa for EUR22 a share, and the regulator could eventually order Siemens AG to launch a public takeover bid for the whole company, Expansion says.

Full story in Spanish: https://bit.ly/2qvto4z

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(END) Dow Jones Newswires

April 13, 2018 09:45 ET (13:45 GMT)

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