UBS says placing 4 pct stake in Spain's Indra

MADRID, July 14 Mon Jul 14, 2014 11:57am EDT

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MADRID, July 14 (Reuters) - UBS said on Monday it would sell an about 4 percent stake in Spanish technology firm Indra on behalf of investor Casa Grande de Cartagena through an accelerated book build process.

Casa Grande de Cartagena, which earlier this month sold a 3 percent stake in Spanish steel maker Acerinox, is an investment vehicle owned by members of the founding family of construction and airport management company Ferrovial. (Reporting by Tracy Rucinski; Editing by Julien Toyer)

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