Realia shareholder Carlos Slim discloses 30.306% holding to regulator
Carlos Slim, via Inmobiliaria Carso, has informed the Spanish market securities regulator that it has reached a 30.306% stake in the Spanish real estate company Realia [BME:RLIA] after the capital increase, Cinco Dias said.
Slim has already asked the supervisor to make an exemption from making a compulsory full takeover bid required by law when the 30% threshold is exceeded, the Spanish language article noted.
In the request, Slim has argued that Realia has a shareholder that holds more than his share, referring to FCC [BME:FCC], which holds a 36.8% stake. In fact, Slim already owns Realia, since as well as its direct stake, he also owns an indirect stake through FCC, the Spanish construction group of which he is the largest shareholder.
Realia just closed a EUR 89m capital increase.
Cinco Dias