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Telefonica SA Announces Further Details On Its Sale Of 7.2% Stake In Hispasat To Abertis Infraestructuras SA; To Sell Remaining Stake in Hispasat To Eutelsat Services & Beteiligungen
Telefonica SA announced that on January 10, 2013 its subsidiary, Telefonica de Contenidos SAU, formalized the sale of 23,343 shares it held in Hispasat SA to Abertis Telecom SAU, a subsidiary of Abertis Infraestructuras SA for the price of EUR 68 million. In addition, Telefonica SA signed an agreement with Eutelsat Services & Beteiligungen GmbH to sell to the latter the remaining stake in Hispasat SA (19,359 shares), for the price of EUR 56 million.
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