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5 years ago
Spain's Metrovacesa shares soar after shareholders launch bid
December 20, 2012 / 8:12 AM / 5 years ago

Spain's Metrovacesa shares soar after shareholders launch bid

1 Min Read

MADRID, Dec 20 (Reuters) - Spain's Metrovacesa shares opened up 160 pct on Thursday after shareholders agreed to launch a bid for 2.28 euros ($3.02) per share and delist the company.

Shareholders Santander, BBVA, Sabadell and Popular set the offer price after the market closed on Wednesday.

$1 = 0.7542 euros Reporting By Jesus Aguado; Editing by Paul Day

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