Carlos Slim has upper hand in Spain property fight LiamWardProud
Britain’s Polygon Global Partners on Jan. 14 filed a public complaint with Spain’s Institute of Accounting and Auditing against Spanish property group Realia Business, which is controlled by Mexican tycoon Carlos Slim.
Realia on Jan. 4 said it had raised 149 million euros in a December rights issue priced at 0.85 euros per share. It reported a take-up of 99.6 percent. Realia shares closed at 0.98 euros per share on March 13.
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