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General

Abertis shareholders agree to sell Hispasat stake

Wednesday 14 March 2018 | 15:10 CET | News
The shareholders of Spanish toll road operator Abertis have agreed to sell the company's 57 percent stake in satellite operator Hispasat to national grid operator Red Electrica Corp. However, EFE reports that the sale remains conditional on Abertis receiving a binding offer of over EUR 656 million for the majority stake. The toll company's shareholders also voted to pass to Red Electrica an obligation to buy a further stake in Hispasat from French communications provider Eutelsat Communications.

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Categories: General
Companies: Cellnex / Eutelsat / Hispasat
Countries: Italy / Spain
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