A minority shareholder of Spain's Metrovacesa has thrown a spanner into the works as the property company seeks to refinance its debt following the takeover of France's Gecina. Newspaper El Economista cited chairman Joaquin Rivero as saying a shareholder, who holds no more than 0.02% of the company, has blocked the bond issue through a court injunction. The unnamed person is unhappy shareholders will not be permitted to participate in the operation.
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