Realia could see bid from Carlos Slim
Carlos Slim, the Mexican investor, has instructed his lawyers to look at the possibility of bidding for the listed Spanish construction group Realia, Expansion reported. Slim’s interest in Realia comes after he recently became a key shareholder in the Spanish services and construction company FCC, which has undertaken to sell its 36.9% stake in Realia, the unsourced report said. Bankia, the listed Spanish bank, has also said it will sell its [24.9%] stake in Realia.
The Spanish regulator (CNMV) is currently studying an offer for 100% of Realia launched by Hispania in November 2014, the report said. Hispania has offered EUR 0.49 for each of Realia’s shares.
Expansion