MADRID, June 3 Spanish infrastructures company
Abertis on Tuesday completed its exit from French
satellite operator Eutelsat by selling its remaining
5.01 percent stake in the company for 275 million euros ($374.2
The sale did not generate any "substantial" profit, Abertis
said in a statement to Spain's stock market regulator.
The shares, which were placed through an accelerated
bookbuilding process, were sold at a price of 24.94 euros each,
according to Reuters calculations.
Shares in Eutelsat were down 2.93 percent at 24.97 euros at
($1 = 0.7349 Euros)
(Reporting by Julien Toyer, editing by Louise Heavens)