Colonial hints at FCC stake sale

By A staff reporter 2007-06-21T00:00:00

Spain's Inmobiliaria Colonial may sell its 15% stake in construction company Fomento de Construcciones y Contratas (FCC) to reduce debt amounting to EUR 8.1 bn, news website El Confidential reported. An undisclosed shareholder of the company said Colonial is considering the possibility to significantly cut down its debt. Colonial has ...

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