June 22, 2012 / 6:46 AM / in 7 years

Abertis sells 7 pct of Eutelsat to China Investment

MADRID, June 22 (Reuters) - Spanish infrastructure firm Abertis said on Friday it has sold an additional 7 percent stake in Paris-listed European satellite operator Eutelsat to China Investment Corporation (CIC) for 385 million euros ($485 million).

In a statement, Abertis said the sale would generate a 237 million euro capital gain and leave it with a 8.35 percent stake in Eutelsat. ($1 = 0.7933 euros) (Reporting By Tracy Rucinski)

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