Gecina and Metrovacesa swap shares in 'divorce'

By A staff reporter 2007-09-26T00:00:00

Shareholders of Spanish real estate company Metrovacesa are to receive shares in French company Gecina in return for their Metrovacesa shares as part of the first stage in the separation of the two companies. The move follows the approval of Spanish securities regulator (CNMV) for Metrovacesa's public stock buyback offer. ...

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