By John Smith • 27 November 2020 • 12:29
AS Spanish construction company OHL sees its losses increase to €114 million due to the impact of the pandemic, major shareholders, the Mexican Amodio brothers have allowed a share option to lapse.
They currently own 16 per cent of the company (with Luis Amodio holding the post of President) and had an option to purchase a further 9 per cent from Grupo Villar Mir but as the current share price is lower than the option price, they have let it lapse.
Thank you for taking the time to read this news article “Mexican investors don’t increase shareholding in OHL construction”.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don’t already have one. Review our
Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica.
Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene.
Share your story with us by emailing [email protected], by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews
Your email address will not be published. Required fields are marked *
Download our media pack in either English or Spanish.