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The State pushes Red Eléctrica to buy Hispasat for 949 million

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The State pushes Red Eléctrica to buy Hispasat for 949 million The system manager, with 20% public capital, acquires Abertis the technological firm whose control was key for Spain   Objective fulfilled Hispasat will be fully Spanish as the Government wanted. Through a bobbin lace, the satellite infrastructure company will be controlled by Red Eléctrica Española (REE), in turn owned by the State. An operation in which the company that manages the entire light transport system, from the power plants to the distribution points, will invest 949 million euros, as reported yesterday to the CNMV. The semi-public company chaired by Jordi Sevilla since last July has reached an agreement with Abertis to buy 89.6% of the capital that this company had in Hispasat, an operation that has suffered continuous ups and downs in recent years by the last change of government; for the purchase of Abertis, in which ACS and the Italian Atlantia finally participated; and by the ministerial rel...
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First acquittal to a bank dome, that of Caixa Catalunya, for millionaire salaries in the crisis

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