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Spain’s VPI Logística to reduce capital by €47 million

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Sagunto, Spain (PortSEurope) November 16, 2017 – Spanish company VPI Logística, a subsidiary of Valencia port authority (Autoridad Portuaria de Valencia), has decided to reduce its capital by €46.66 million ($54.9 million) to compensate for the depreciation of the land it had acquired at the Parc Sagunt logistics zone. The reduction, published in the Spanish…

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