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Spanish renewables developer Greenalia has been fully delisted after eight years on the BME Growth segment of Spain’s stock exchange – EQ Mag Pro

Spanish renewables developer Greenalia has been fully delisted after eight years on the BME Growth segment of Spain’s stock exchange – EQ Mag Pro

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Its 13.3% of free-float were bought by the two main shareholders, CEO Manuel Garcia through his firm Smarttia, and Alazady Spain, owned by Jose Maria Castellano.

The shares were bought for €17.50 per share, the price Smarttia and Alazady proposed in May when they announced their intention to take over the company. The takeover bid was accepted last week and the company was delisted today, closing its last trading session at €16.35 per share.

Source: pfie
Anand Gupta Editor - EQ Int'l Media Network