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03/01/2000

The Portuguese Stock Exchange Commission (CMVM) states that it has no authority to decide upon the purchase of shares in Engil by FCC Construcción, S.A.

The CMVM has stated that it has no authority to issue a judgement upon the purchase of shares in the Portuguese construction company Engil by FCC Construcción, S.A. As a result, the initiatives aimed at ensuring this body's approval of the shares held by the Spanish company have failed.

Last summer, FCC Construcción, S....