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Carlos Slim Acquires 11.47% of Metrovacesa

Through FCC, the Mexican businessman has invested 125.26 million euros and whereby acquired a 16.96% stake in the listed property developer.

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Carlos Slim has closed his takeover bid for the listed property developer Metrovacesa. Through FCC, the Mexican businessman has accumulated a 16.96% stake in the company led by Jorge Pérez de Leza.

FCC has invested 125.26 million euros in the purchase of 11.47% of the share capital of Metrovacesa, equivalent to 17,397,696 shares in total. Slim offered 7.2 euros for each share in the property developer, after adjusting for the dividend distributed in May. Initially, his offer amounted to 7.8 euros per share.

Read the full article in Spanish.

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