Monday, April 23, 2007

UPDATE 2-Eiffage board wants Sacyr to offer cash

(Reuters) - PARIS, April 23 - The supervisory board of French public works and transport concessions group Eiffage on Monday rejected an unsolicited all-share offer by its biggest single shareholder, Sacyr Vallehermoso of Spain.

In an increasingly acrimonious cross-border tussle, Eiffage said Sacyr had broken French law and needed to offer a cash bid.


Read more at Reuters.com Bonds News

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