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El Corte Inglés repurchases half of the shares held by the Sheikh of Qatar Al Thani for 387 million

The operation values ​​the group of department stores at 7,000 million euros.

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El Corte Inglés repurchases half of the shares held by the Sheikh of Qatar Al Thani for 387 million

The operation values ​​the group of department stores at 7,000 million euros. The Qatari investor, through Primefin, will maintain a 5.53% stake in the company, although he will lose his seat on the board, while the 5.53 acquired by the company will become treasury stock.

El Corte Inglés takes advantage of the good financial situation of the group, which registers its lowest debt levels in 15 years, to reconfigure its shareholding map. The company has announced the acquisition of half of the shares of the group that is found

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