Castlelake Contemplates Selling Majority Stake in Aedas Homes

Reported 29 days ago

U.S. investment fund Castlelake is reportedly considering the sale of its 79% stake in Spanish real estate company Aedas Homes, valued at approximately 845 million euros. The shares are currently trading at a two-year high, and any prospective buyer would need to make a public offer for all shares due to Spanish market regulations. The sale remains in a preliminary stage, according to Cinco Dias.

Source: YAHOO

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