more than 100 major European banks, asset managers, insurers and pension funds increased their combined stake in the company by more than 60% in the last year. This is according to data compiled by an international investigation coordinated by Follow The Money, a platform for independent journalism, and in which EL PAÍS participated.
These are private companies investing in another private company. It’s like me buying ETFs for S&P 500. I don’t think this changes the “anti-US” optics of the continent in any way. For example they say two Spanish banks have stakes in Palantir: BBVA and Santander. Does this mean the whole Spain is “pro-US” now?
Good point.