PropertyEU

Martinsa's takeover offer for Fadesa get financing

By A staff reporter 2007-02-07T00:00:00

Fernando Martin's real estate company Martinsa announced it has signed an agreement to finance its EUR 4.045 bn takeover bid for peer Fadesa. The Spanish businessman has agreed to pay EUR 100 mln from his own pocket if Martinsa does not abide to the debt ratio agreed with the banks ...

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