Calyon buys Colonial stakes in FCC, SFL

By A staff reporter 2009-01-07T00:00:00

Spain's troubled property company Colonial said on Tuesday that French investment bank Calyon is exercising its call option to buy part of Colonial's stake in units Fomento de Construcciones y Contratas (FCC) and Societe Fonciere Lyonnaise (SFL). Calyon has bought a 3.39% stake in FCC and a 8.8% interest in ...

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