The board of the National Securities Market Commission (CNMV) has authorized the partial voluntary takeover (OPA) by FCC Inmobiliaria of 24% of Metrovacesa for a total of 262 million euros.
The partial offer targets a maximum number of 36,402,322 shares, which represent 24% of the firm’s share capital, which comprises 151,676,341 shares in total. The consideration is equivalent to 7.2 euros per share to be paid in cash.
Read the full article in Spanish.
