Spain's FCC Koplowitz sells rights to Mexico's Slim for 150 mln euros
MADRID Dec 4 (Reuters) - Mexican billionaire Carlos Slim has acquired the subscription rights in Spanish builder FCC from top shareholder Esther Koplowitz for 150 million euros ($184.50 million), FCC said on Thursday.
Control Empresarial de Capitales, owned by Slim, bought 63.7 million preferential subscription rights from Koplowitz investor vehicles B-1998 and Azate for 2.3553 euros per right, FCC said.
Koplowitz will lose control over the building group as Slim's Inmobiliaria Carso takes a 25.63 percent stake in the company following a capital increase. Koplowitz will see her stake reduced to 22.43 percent, from just above 50 percent now. (1 US dollar = 0.8130 euro) (Reporting by Paul Day; Editing by Robert Hetz)
© Thomson Reuters 2017 All rights reserved.