Monday, February 2, 2015

Realia shooting 14.7 percent on the stock market to potential … – euronews

Realia shooting 14.7 percent on the stock market to potential … – euronews

Reuters, 02/02 13:45 CET

 Detail watch the Madrid Stock Exchange during the debut Realia bag. EFE / File clock detail the Madrid Stock Exchange during the stock market debut Realia. EFE / File

Madrid, February 2 ( EFE ) .- Realia, the real estate owned as to 61.7% for FCC and Bankia, the biggest rise of the Spanish stock is carried at revalued by 14.75% with possible plans to purchase the Mexican tycoon Carlos Slim in real estate.

With this, Company shares are exchanged for 0.70 euros per share.

After becoming the largest shareholder of FCC with 25.6%, Slim has put the focus on the operations launched, as well as the evolution of the group’s subsidiaries constructor and services.

The Mexican billionaire is present in the housing market through his company Carso.

Prior to his entry into the capital of FCC , Hispania, the listed company controlled by the group Azora and owned by George Soros, launched a tender offer acquisition (opa) for 100% of the real estate Realia at a price of 0.49 euros per share.

The range of Hispania addresses 321,854,379 shares of Realia, a number that results from adding to the existing capital stock (307,370,932 shares) of 14,483,447 new shares, at most, could be subscribed before the deadline for acceptance of the offer SAREB if you choose to capitalize on an equity loan.

On December 22, the Comisión Nacional del Mercado de Valores ( CNMV ) agreed to hear a request by Hispania Real Estate Assets to formulate the bid for 100% Realia.

euronews published from Reuters as, but not involved in the published articles.

Copyright 2015 EFE.

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