October 12, 2012 / 6:20 AM / 5 years ago

Telefonica sells Atento to Bain in 1 bln eur deal

MADRID, Oct 12 (Reuters) - Spain’s Telefonica said on Friday it had reached an agreement to sell its Atento call centre business to risk capital firm Bain Capital in a deal worth 1 billion euros ($1.3 billion).

Telefonica said it hoped to finalise the sale before the end of this year. ($1 = 0.7726 euros) (Reporting By Tracy Rucinski)

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