News: Abertis Infraestructuras SA (ABE.MC)
21 Nov 2014
Thu, Oct 30 2014
* Says will make up to 450 mln euros of cost savings (Adds market reaction, analyst quotes)
MADRID, Oct 30 - Spanish toll road operator Abertis said on Thursday it plans to spin off and list its telecommunications infrastructure business, which comprises radio, TV and mobile telephone broadcast towers, next year.
MADRID, Oct 1 - Foreign banks are dragging out a 2.3 billion euro ($3 billion) rescue plan for bankrupt Spanish motorways, seeking better terms to recoup more of the money they lent the nine toll road companies, three sources said.
(Adds Trian Fund Management, Verizon, Endesa, TIM, Allianz, Sulzer, Perutnina Ptuj, Espirito Santo Financial Group, Falabella, UniCredit, Abertis, IAC/Interactive Corp, Hess Corporation, Merck & Co, PZU and Mediobanca)
* Advisers invite Spain's Abertis, infrastructure funds -sources
MADRID, June 3 - Spanish infrastructure company Abertis completed its exit from French satellite operator Eutelsat on Tuesday by selling its remaining 5.01 percent stake in the company for 275 million euros ($374.2 million).
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 million).