PropertyEU

Sacyr taunts French Eiffage

By A staff reporter 2007-04-05T00:00:00

Spanish construction group Sacyr said it has raised its stake in France's Eiffage just under the one-third level which would trigger a full takeover bid, but added it is not planning to cross that threshold. Sacyr Vallehermoso has a 33% interest in Eiffage and 29% of voting rights.

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