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

Reuters  |  MILAN 

(Reuters) - Italian group said on Tuesday Spanish had agreed to sell its 89.7 percent stake in to Red for 949 million euros ($1.1 billion).

In October, and Spain's completed a 16.5 billion-euro acquisition of

(Reporting by Stephen Jewkes, editing by Steve Scherer)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, February 13 2019. 00:54 IST