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Miquel y Costas loses majority shareholder BMN

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Published in issue 31/2013
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The Spanish firm Banco Mare Nostrum S.A. (BMN), based in Madrid, sold its 18.34 % stake in the Spanish speciality paper producer Grupo Miquel y Costas & Miquel S.A., headquartered in Barcelona, for €48.2m at the end of June 2013. Spanish media reports indicated that BMN had to part ways with its shareholding because ...

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