PropertyEU

Colonial mounts €1.2b takeover bid for Axiare

By Marianne Korteweg 2017-11-13T00:00:00

bolsa de madrid rs

Spanish property group Inmobiliaria Colonial has acquired an additional 13.3% stake in local peer Axiare Patrimonio and launched a bid for the remaining 71.4% of the shares in a transaction valued at €1.2 bn.

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