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Blackstone & Santander Rescue Popular's Marina d'Or Fiasco
11 June 2019 – Expansión Quasar, the company created by Blackstone (51%) and Banco Santander (49%) to take over the management of Popular’s property portfolio, has injected €101 million into the company Platja Amplaries, which owns the Marina d’Or group’s apartments, parking spaces and land, to avoid its dissolution. Platja Amplaries had run up losses … Continue reading "Blackstone & Santander Rescue Popular’s Marina d’Or Fiasco"
