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Spain's Hispania says studies takeover offer for Realia
November 20, 2014 / 10:43 AM / 3 years ago

Spain's Hispania says studies takeover offer for Realia

MADRID, Nov 20 (Reuters) - Spanish property investment vehicle Hispania said on Thursday it was studying the possibility of making a takeover offer for property company Realia at a price of 0.49 euros per share.

Hispania also said it was in talks with creditors to possibly undergo a rights issue at Realia if the deal was successful. Realia is majority owned by builder FCC and bailed-out lender Bankia. (Reporting By Sonya Dowsett; Editing by Sarah White)

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