PropertyEU

Metrovacesa's break-up gets green light

By A staff reporter 2007-03-09T00:00:00

Spain's stock market regulator CNMV has given the go ahead to Metrovacesa's break-up plan. The CNMV said in a preliminary analysis that the plan 'is consistent with stock-market rules' but added that the associated share tender offers will require further scrutiny and authorization.

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