Carlos Slim Becomes Main Shareholder in Fomento de Construcciones y Contratas

Mexican billionaire Carlos Slim will become the main investor in Spanish builder, Fomento de Construcciones y Contratas (FCC), after he reached a deal with the firm's owner Esther Koplowitz to take on all of her rights to acquire shares in a capital hike aimed at paying down debt.

Koplowitz is Vice-President of the Board of Fomento de Construcciones y Contratas (FCC), one of the leading diversified Spanish groups, employing around ninety thousand people. She also holds board positions in several national and international companies, for instance Vice-President of the board of Cementos Portland Valderrivas and formerly board . . .