Riofisa backs EUR 2 bn takeover by Inmocaral

By A staff reporter 2007-01-22T00:00:00

Riofisa is backing a EUR 2 bn takeover offer made by peer Inmocaral. At EUR 44.31 per share, the offer is 4.2% lower than Riofisa's closing price last Friday. The deal is expected to create the largest property company in Spain which, with a market value of EUR 14.846 ...

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