Analyst Research

Report Title Price
Provider: GlobalData
$125.00
Provider: MacroRisk Analytics/EconomicInvestor
$25.00
Provider: MacroRisk Analytics/EconomicInvestor
$25.00
Provider: ValuEngine, Inc.
$25.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Spanish Stock Market Regulator Authorizes Tender Offer Of Spanish Banks, Including Banco Santander SA, To Acquire All Outstanding Shares Of Metrovacesa SA


Thursday, 18 Apr 2013 11:47am EDT 

Metrovacesa SA announced that on April 18, 2013 the Board of the Spanish stock market regulator (Comision Nacional del Mercado de Valores, CNMV) authorized the tender offer presented by Banco Bilbao Vizcaya Argentaria SA, Banco de Sabadell SA, Banco Popular Espanol SA and Banco Santander SA on January 29, 2013 to acquire all outstanding shares and delist Metrovacesa SA. The offer is aimed at 100% of the share capital of Metrovacesa SA, composed of 988,160,679 shares listed on the Stock Exchanges of Madrid, Barcelona, Bilbao and Valencia and integrated into the Automated Quotation System, excluding 944,623,842 shares, representing a 95.59% stake of Metrovacesa SA, currently owned by the banks. As a result, the deal will involve the acquisition of 43,536,837 shares of Metrovacesa SA, representing a 4.41% stake. The offer price is EUR 2.28 per share. 

Company Quote

10.4
0.24 +2.36%
9 Jul 2014