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-Featuring - News and Views from the British and the Irish in Spain

......Britz who live in Spain!

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Wanna buy a theme park? Terra Mítica is up for sale

The loss-making Benidorm theme park has seen a recent recovery in cash flow

The Terra Mítica theme park in Benidorm is up for sale with the main shareholders in talks to sell either their shares or the running of the park.

Those shareholders are the Caja Mediterrándeo CAM, Bancaja and Sociedad Proyectos Temáticos, and any deal reached could be joined in with by smaller shareholders.

Chairman of Terra Mítica, David Lladró, told a shareholders’ meeting that they had assembled 84.31% of the capital for the sale.

The EBITA for the park increased by 50% last year despite the recession, but losses after tax were still 16.4 million €.

The Chairman said that are three leisure groups reportedly interested in making a purchase, but he declined to name them at this stage.

 



British couple who killed their three month old baby sentenced to 17 years and six months

17 year six month prison sentence for British couple who killed their three month old baby

The British couple who were last week found guilty of the murder of their three month old daughter in Torrevieja, Alicante, have each been given a 17 year 6 month prison sentence by Instruction Court Four in the town.

Carla Marie D. And Daryl W. were found guilty of not taking the child to a doctor after it suffered a serious accidental fall, because they did not want the authorities to see the bruises the baby had suffered in an earlier beating from the father.

The child, Lucia W. died on March 17 2008 as a consequence of two cranial fractures suffered in the fall.


 

 

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