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Eiffage continues to resist Sacyr (Sacyr reste flous sur ses "grands projets" pour Eiffage).
(From Le Figaro)
Eiffage, the French construction and public works group, saw its shares lose almost 10 per cent of their value yesterday in Paris, to close at 131.40 euros, on the news that the group's Spanish rival, Sacyr, now owns 30.7 per cent of its capital. Sacyr, which has spent a total of 1.6bn euros on Eiffage shares since December, is now asking for four seats on the French group's board in order to have a say in its strategy.
Eiffage continues to regard Sacyr's arrival in its …
