PropertyEU

Metrovacesa's board approves split-up plan

By A staff reporter 2007-02-23T00:00:00

Spain's largest developer Metrovacesa said its management board has approved the proposal to split up the group by the end of the year. Under the plan agreed by Metrovacesa's majority shareholders, Rivero and his investor partner Bautista Soler will become 'reference shareholders' of France's Gecina, in which Metrovacesa holds a ...

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