Property group Martinsa's EUR 4.045 bn takeover bid for Spanish peer Fadesa Immobiliaria has received the green light from the country's stock market regulator CNMV. In a statement, the stock authority said the bid of EUR 35.70 per share is conditional on a minimum acceptance of 54%. It noted, however, that Fadesa's majority shareholder Manuel Jove has already agreed to sell his 54.6% interest.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
