Abertis builds Hispasat stake
By Julian Clover
October 22, 2008 11.18 UK
Spanish infrastructure group Abertis has taken its share in the Spanish satellite operator Hispasat to 33.4%. The company has paid €35 million for a 5% stake previously held by EADS/CASA.
Abertis is already Hispasat’s largest shareholder after last July’s purchase of a 28.4% stake. It also holds 32% in Eutelsat Communications, itself a Hispasat shareholder.
The new purchase requires the approval of the Spanish authorities.
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