Albert Frere buys into Eiffage (Apres l'espagnol Sacyr, Albert Frere entre a son tour dans le capital d'Eiffage).

(From Le Monde)

Compagnie Nationale a Portefeuille (CNP), the investment company owned by Belgian financier Albert Frere, announced on Wednesday that it has bought 6.1 per cent of the capital of Eiffage, the French construction and public works group. Observers are now wondering whether the transaction, on which Eiffage has declined to comment, will increase the French group's ability to counter a possible hostile bid from Spanish rival Sacyr. On March 9, the Spanish group raised its stake …