Slim takes FCC’s cement and real estate subsidiary public as a preliminary step to taking control of Metrovacesa
In its stock market debut, Inmocemento lost almost 10% of its value yesterday to close at €3.83.
No one excludes that, if all goes well in the sector and its listing on the stock market, there will be a merger of two companies in which it already has a clear controlling stake in the medium term: Metrovacesa and Realia.
Mexican billionaire Carlos Slim is making his debut on the Spanish stock market, keeping in mind his obsession with gaining a majority stake in Madrid promoter Metrovacesa. After spinning off the cement and real estate division of its construction company FCC. –a new subsidiary called Inmocemento–, yesterday it…
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