MADRID: US billionaire Bill Gates snapped up a 113.5-million-euro ($155 million) stake in Spanish construction and services group FCC, sending its shares soaring more than 10 percent on Tuesday.
FCC stock leapt 11.74 percent to 17.55 euros in the first half hour of trade in Madrid, the first market reaction to Gates’ purchase of a 6-percent stake in the company, making him the second-largest shareholder.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.