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All in the family?

14 Jul 2015 By Fiona Maharg-Bravo

The ex-prime minister of Qatar is paying 1 bln euros, or a steep 57 times historic earnings, for a 10 pct stake in Spain’s largest department store. It values the equity at 10 billion euros. But El Corte Ingles owns prime real estate. The move may be a prelude to an IPO. 

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