Russian billionaire Roman Abramovich has made an offer to buy Colonial's 15% stake in Spanish construction company Fomentos de Construcciones y Contrates (FCC), according to news website elConfidentail.com. Abramovich, owner of the British football club Chelsea, is believed to be offering more than the EUR 78 per share, or a total of EUR 1.53 bn, Colonial paid for the stake last year. Colonial's boss Luis Portillo confirmed the company received the offer, and added that it will be considered.

Russian billionaire Roman Abramovich has made an offer to buy Colonial's 15% stake in Spanish construction company Fomentos de Construcciones y Contrates (FCC), according to news website elConfidentail.com. Abramovich, owner of the British football club Chelsea, is believed to be offering more than the EUR 78 per share, or a total of EUR 1.53 bn, Colonial paid for the stake last year. Colonial's boss Luis Portillo confirmed the company received the offer, and added that it will be considered.