Brief: FCC Proposes Partial Financial Spin-Off To New Company Called Inmocemento

Fomento de Construcciones y Contratas SA

27/06/2024 16:36

June 27 (Reuters) - Fomento de Construcciones y Contratas SA  FCC.MC :
    * PROPOSES PARTIAL FINANCIAL SPIN-OFF OF FCC TO NEW COMPANY CALLED INMOCEMENTO
    * INMOCEMENTO WOULD INTEGRATE REAL ESTATE AND CEMENT BUSINESS AREAS
    * ASSETS SPUN OFF FROM FCC FORMED BY FCYC SHARES (80%) AND CEMENTOS PORTLAND VALDERRIVAS
(99%)
    * FCC SHAREHOLDERS WILL RECEIVE SAME NUMBER OF INMOCEMENTO SHARES THAN THOSE THEY HAVE AT
FCC

Source text for Eikon:  ID:nCNM2j93ZZ 
Further company coverage:  FCC.MC 

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