Spanish construction group Sacyr said it has raised its stake in France's Eiffage just under the one-third level which would trigger a full takeover bid, but added it is not planning to cross that threshold. Sacyr Vallehermoso has a 33% interest in Eiffage and 29% of voting rights.
The Grand Hotel Imperiale in Forte dei Marmi, Italy has been sold to UAE-based real estate company Emaar Properties, owner of renowned buildings such as the Burj Khalifa and the Dubai Mall.
