Metrovacesa break-up hits Gecina's IPO plan

By A staff reporter 2007-03-06T00:00:00

French Gecina may suspend its plan to consolidate its residential assets in a dedicated unit called Resico to be floated on the stock market. The possible suspension is a result of the 'complex separation agreement between Metrovacesa's main shareholders', Gecina said in a press release on Tuesday. Its shares fell ...

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