Abertis
Spanish electricity company buys Hispasat for $1.1 billion
Spanish power company Red Eléctrica announced an agreement Feb. 12 to buy out Abertis’ 89.7 percent stake in domestic satellite operator Hispasat for 949 million euros ($1.08 billion).
Eutelsat completes $373 million Hispasat divestiture
WASHINGTON — French fleet operator Eutelsat finished a lengthy 302 million euro ($372.9 million) sale of its stake in Spanish fleet operator Hispasat after gaining long-awaited approval from Spain’s government.
Abertis awaiting Spanish government approval to complete Hispasat share purchase
Abertis, a Spanish firm best known for managing toll roads in Europe and South America, is awaiting government approval to expand its ownership in Hispasat of by buying Eutelsat’s 33.7 percent stake in the Madrid-based satellite fleet operator.
