A group of Spanish investors has teamed up to acquire a stake in French construction company Eiffage, Spanish newspaper El Economista reported on Thursday, citing unnamed sources close to the process. Grupo Inmocaral's chairman Luis Portillo Munoz, Grupo 2002 chairman Jose Ramon Carabante, billionaire business woman Alicia Koplowitz and Xavier Solano of Restaura are acquring up to 14% of Eiffage, the paper said.
A group of Spanish investors has teamed up to acquire a stake in French construction company Eiffage, Spanish newspaper El Economista reported on Thursday, citing unnamed sources close to the process. Grupo Inmocaral's chairman Luis Portillo Munoz, Grupo 2002 chairman Jose Ramon Carabante, billionaire business woman Alicia Koplowitz and Xavier Solano of Restaura are acquring up to 14% of Eiffage, the paper said.
The consortium, which aims to control between 10-14% of Eiffage, would act as a single shareholder, the daily said. The stake has nothing to do with the 33.2% in Eiffage held by Spanish construction firm Sacyr Vallehermoso or the 4.2% interest held by privately-owned Spanish group Rayet. Both Sacyr Vallehermoso and Rayet denied knowledge of the deal, the report noted.
Eiffage's ceo Jean-Francois Roverato told the French press that he would be 'very surprised' if the French developer does not have a new shareholder before April 18, 2007.
