Suez and la Caixa get set for Agbar-itrage
- From: Vol 9, Issue 2 (February 2008)
- Category: General
- Region: Europe
- Country:
- Related Companies: Aguas de Barcelona, Crédit Industriel et Commercial, Criteria Caixa, La Caixa and Suez
As of mid-January, less than 10% of Agbar’s shares remained in public hands. Its major shareholders can now pick their moment to re-float 20% of the share capital.
la Caixa and Suez now hold 90.01% of Agbar’s share capital, following their public offer of €27.65 per share for the 33.5% of Agbar previously outside their control, the two companies announced on 18 January. The announcement sent Agbar’s share price plummeting by more than 5.5% on the day.
At the time of the ...
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