Prosegur plans to list up to 40% of its Prosegur Cash affiliate via a share sale exclusively for qualified investors. Prosegur Cash is the group’s main cash flow generator, contributing over 90% of results. It plans to earmark 50-60% of earnings for dividends.
MADRID | By The Corner Team | When Bill bought 6% of Spanish construction company FCC in last October Spain’s analysts remarked renowed investors interest in the country and anticipated the trend would continue in the coming months. On Tuesday, Bill Gates counterbacked with the acqusition of 2-3% of private security Prosegur.