Sanahuja clan denies talk of new Metrovacesa bid

Cresa Patrimonial, the largest shareholder in Spanish property giant Metrovacesa, has played down a newspaper report that suggested it is preparing to make a bid for 100% of the company. Cresa sent a statement to Spanish stock market watchdog CNMV to say it had no intention of launching a further bid for Metrovacesa 'for the time being'.

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