OHLA - comment

The headline about Canalejas is positive, but the devil will be in the details. If Santander finds a buyer willing to pay €800m (€400m for OHLA), that would be a significant win for OHLA. We expected Mohari (who already holds 50%) would be the buyer, and the arbitration was an attempt to negotiate a lower price. The appointment of Santander may also be an attempt by OHLA to flush out what Mohari wants from its arbitration. An €800m price tag would make allegations of mismanagement harder to justify. 

https://www.elconfidencial.com/empresas/2023-11-30/ohla-y-el-fundador-de-pokerstars-negocian-vender_3783540/  (Subscription required)