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Article: Spain : Spains ACS may sell services units, sources say.
- Article from:
- TendersInfo
- Article date:
- September 27, 2008
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Byline: deepak03
Spain's ACS (ACS.MC: Quote, Profile, Research, Stock Buzz) may sell some of its services units, sources told Reuters on Thursday, pushing Iberdrola (IBE.MC: Quote, Profile, Research, Stock Buzz) shares higher on speculation ACS may use any proceeds to build its stake in the energy company. The units under review are waste disposal company Urbaser, logistics and airport services company Clece and port services company Dragados SPL, the sources said.
"They are carrying out a process of evaluation and studying the possibility of selling Urbaser, Clece and Dragados SPL," one of the sources said. Mediobanca is advising on the sale, one source ...