San Jose invests EUR 466 mln in Parquesol

Spanish property company Grupo San Jose has won approval for to take a 50.79% interest in peer Parquesol. The success of the bidding was guaranteed, given that Grupo San Jose and New GP Cartera, which owns a 54.77% stake in Parquesol, reached agreement for a 100% buy-out by San Jose in July 2006, Spanish newspaper BolsaCinco reported.

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