Mexican billionaire Slim buys 3% stake in Spain's Quabit
07/01/2020 07:49
MADRID, Jan 7 (Reuters) - Mexican billionaire Carlos Slim
bought a 3% stake in Spanish real estate firm Quabit
Inmobiliaria QBT.MC through his investment arm Inversora de
Carso.
Slim's investment arm bought the stake on Jan. 2, Spanish
market regulator CNMV said.
The billionaire already holds controlling stakes in Spanish
real estate firms FCC FCC.MC and Realia RLIA.MC .
Quabit is developing housing projects all over Spain. The
company' market value was 162 million euros ($181 million) as of
Jan. 6.
($1 = 0.8948 euros)
(Reporting by Inti Landauro and Tomas Gonzalez; editing by
Jason Neely)
((Inti.Landauro@thomsonreuters.com;))