Metrovesa shareholders have until June 14 to participate in a public job offer (acquisition bid) launched by the FCC group on March 23. More than 24% of the capital of the real estate company.
The acceptance period runs from May 31 to June 14, 2022, inclusive of both, as reported by the National Securities Markets Commission (CNMV), which authorized the offer on May 26.
The takeover bid for the company controlled by Mexican Carlos Slim offers a price of 7.2 euros per share, and aims for 36.4 million Metrovesa shares, equivalent to 24% of its share capital, which means a maximum construction outlay of 262 million. group.
The FCC, which has launched a takeover bid through its real estate company FCYC, has fallen short Its offering from the 7.8 euro that it initially offeredFollowing the rebate of a dividend of 0.6 euros, approved by the last general meeting of shareholders of Metrovacesa.
If successful, Mexican Carlos Slim would become Metrovesa’s second largest shareholder with 29.4% of the capital, as he currently controls 5.4% of the shares through his company Inversora de Carso.
today, Metrovesa’s main shareholder is Banco Santander.With 49.3% of the shares, ahead of BBVA, which has 20.85%.
To guarantee operations, the FCC submitted a bank guarantee from Banco Santander for ₹262 million that would fully cover disbursements to be made by the Spanish construction company.
Metrovesa shareholders will have until June 14 to participate in the FCC takeover bid