Mexican tycoon Carlos Slim attends a meeting with Lebanese ministers in Beirut, in this file photo taken March 16, 2010. REUTERS/ Mohamed Azakir
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Mexico's Carlos Slim is pushing further into investments in Spain, where fellow billionaires George Soros and Bill Gates have also made bets, as he wagers on the European nation's emergence from a property crash.Slim, 76, known for taking advantage of depressed prices when investing in companies, sees an opportunity to build as Spain's economy rebounds from a debt-fueled property collapse that left the country with a surplus of 1.4 million homes. Slim is among high-profile investors including Soros and Gates who invested in Spain as it struggled to emerge from the 2008 global economic crisis. In February, Slim and FCC shareholder Esther Koplowitz agreed to remove a clause limiting their maximum stakes in the company to 29.9 percent. In 2014, Slim became FCC's biggest shareholder through an investment that the company used to cut its debt.
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