BREAKING NEWS

BREAKING NEWS

Abertis agrees to sell Hispasat stake to Red Electrica for 949 million euros

Abertis agrees to sell Hispasat stake to Red Electrica for 949 million euros
@ Copyright :
ERIC GAILLARD(Reuters)
Text size Aa Aa

MILAN (Reuters) - Italian infrastructure group Atlantia said on Tuesday Spanish toll road operator Abertis had agreed to sell its 89.7 percent stake in Hispasat to Red Electrica for 949 million euros (833 million pounds).

In October, Atlantia and Spain's ACS completed a 16.5 billion-euro acquisition of Abertis.

(Reporting by Stephen Jewkes, editing by Steve Scherer)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.