Slim promotes Realia: The promoter proposes the merger by absorption of FCyC in a 704 million operation – Pledge Times

Market Consensus Link Securities The Board of Directors of Realia (RLIA), at its meeting held on Tuesday, unanimously agreed to convene the Ordinary General Meeting of Shareholders to be held on June 23, 2025, in first call, and on June 24, 2025, in second call, and to submit for approval, among other proposals of agreement, the merger by reverse absorption of FCYC, S.A., as a company absorbed, by its listed subsidiary company Realia, as an abs…

The merger will result in the dissolution of FCyC, which will transmit its assets to Realia. The exchange has been established in 19,916 shares of the promoter for each FCyC title.

Slim promotes Realia: The promoter proposes the merger by absorption of FCyC in a 704 million operation – Pledge Times

Slim moves file to give weight to its promoter. Realia has summoned an ordinary general meeting of shareholders for June 23 and 24, 2025, where it will be submitted to approval FCyC’s inverse absorption fusion by Realia in an operation that can amount to 704 million euros. The operation, which arrives at a time of boom in the promoter sector in Spain, “seeks simplify the structure of the immoration business group and improve Realia competitivene…

The merger is part of a process of reorganization of the structure of the business group Inmocemento, resulting from the split of the Real Estate and Cement business of FCC, and its dependent companies, including Realia and FvyC.