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Next Issue Monday
13 September 2010
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27-29 September 2010
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25-26 October
London, UK
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17-18-19 November 2010
Cannes, France
Top Spanish banks set to take 66% of Metrovacesa
Top Spanish banks are set to take an additional 10% stake in Spain's largest listed property group, the struggling Metrovacesa, bringing holdings to 66% and clearing the way for the appointment of new management to tackle the firms's financing problems. Santander, BBVA, Banesto, Popular, Sabadell and savings bank Caja Madrid will add a further 10% to the 54.7% previously announced to assume from the major shareholding Sanahuja family