PropertyEU

Banks mull action to acquire up to 30% of Colonial

By A staff reporter 2008-04-22T00:00:00

Spanish banks Caja de Ahorros y Pensiones de Barcelona (La Caixa) and Banco Popolar said on Tuesday in a statement to the Spanish securities watchdog CNMV that they are still in talks with Inmobiliaria Colonial's core shareholders, Luis Portillo and Luis Nozaleda, to acquire a stake in the debt-laden company ...

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