Spanish developer San Jose said on Friday it plans to list this year as part of its merger process with listed company Parquesol. In a statement, the company said following the merger, the new group will be called Grupo San Jose, and will be divided into six main business areas: construction, real estate, technology, concessions, services and energy. The group will be active across ten countries in Europe and the US. San Jose completed its EUR 23.1 per share takeover of Parquesol in January 2007. The company first bought a controlling 53% stake in Parquesol in 2006 for some EUR 470 mln.
Spanish developer San Jose said on Friday it plans to list this year as part of its merger process with listed company Parquesol. In a statement, the company said following the merger, the new group will be called Grupo San Jose, and will be divided into six main business areas: construction, real estate, technology, concessions, services and energy. The group will be active across ten countries in Europe and the US. San Jose completed its EUR 23.1 per share takeover of Parquesol in January 2007. The company first bought a controlling 53% stake in Parquesol in 2006 for some EUR 470 mln.
