Billionaire Slim Spends $566 Million for Caixa Spanish Property
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Billionaire Carlos Slim spent 428.2 million euros ($566 million) to acquire Spanish real estate owned by business partner CaixaBank.
Slim’s holding company, Inmobiliaria Carso SA, bought 439 properties, which house CaixaBank’s branches, the Barcelona-based financial-services company said today in a statement. The bank will lease the spaces from Slim, it said.