Colonial shares soar as shareholders agree to sell 52% stake

By A staff reporter 2008-02-04T00:00:00

Shares in Spain's largest property company Colonial soared by as much as 13% on Monday after the company's two main shareholders agreed to sell their interest to a Dubai sovereign wealth fund if it makes an offer. Colonial shares were up 9.7% at EUR 1.69 in Madrid trading in the ...

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