Quabit Inmobiliaria, S.A. (BME:QBT) agreed to acquire majority stake in Rayet Construccion Sa from Grupo Rayet, S. L. for €13.1 million on May 16, 2019. 30% of consideration is payable in cash at closing while remaining 70% consideration is payable in shares of Quabit. Cuatrecasas, Gonçalves Pereira, S.L.P.acted as due diligence provider to Quabit Inmobiliaria. BDO acted as financial advisor to Board of Directors of Quabit Inmobiliaria, S.A..