Picture of Obrascon Huarte Lain SA logo

OHLA — Obrascon Huarte Lain SA News Story

0.000.00%
es flag iconLast trade - 00:00
IndustrialsSpeculativeMid CapNeutral

OHLA drops after JPM sells about 6% stake at discount

BUZZ-OHLA drops after JPM sells about 6% stake at discount

** Shares in OHLA OHLA.MC fall 8% after J.P.Morgan sold an about 6% stake in the Spanish construction and infrastructure group via an accelerated bookbuild

** The placement was priced at €0.4446 ($0.5063) per share, compared with OHLA's closing price on Monday of €0.4884

** The stock is on track for its biggest daily loss since March, if losses hold

($1 = 0.8782 euros)


(Reoprting by Gemma Guasch)

((Gemma.guasch@thomsonreuters.com))

Recent news on Obrascon Huarte Lain SA

See all news