March 26 (Bloomberg) -- Demetrio Carceller, chairman of Disa Corp. Petrolifera SA, boosted his stake in Sacyr Vallehermoso SA to 15.7 percent, becoming the biggest shareholder in the Spanish builder, Cinco Dias reported, citing a statement from Disa.
Disa, an oil-products distributor based in Spain’s Canary Islands, bought 11.9 million shares of Sacyr, or a 2.9 percent stake, in the last few days for about 98.1 million euros ($138.2 million), the newspaper said.
Carceller now directly owns 12.9 percent of Sacyr and another 3 percent through its association with Grupo Satocan SA, which was diluted to 2.8 percent after Sacyr’s capital increases, the newspaper said.
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