Barcelona Traction, Light and Power controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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1948
Contested takeover of Barcelona Traction
Interests associated with Juan March acquired bonds issued in pounds sterling and used alleged payment defaults arising from Spanish currency restrictions to obtain a Spanish court order transferring the company's assets. Belgian investors regarded the transaction as an improper acquisition at a fraction of the company's underlying value.