PropertyEU

Metrovacesa incorporates Sacresa

By A staff reporter 2008-07-04T00:00:00

Metrovacesa's shareholders approved a plan this week to merge the Spanish property company with its chairman's rental firm, Sacresa Terrenos 2. The move is the latest step in a deal agreed last year to end a year-long battle for control of the company between its main shareholding groups.

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