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Agreement reached with Abertis on sale of Eutelsat stake in Hispasat

Eutelsat Communications (Euronext Paris: ETL) and Abertis Group have reached an agreement on the sale of Eutelsat’s 33.69% stake in Hispasat to Abertis. It follows the initiation of the process in July 2016 when Eutelsat exercised the put option granted in 2008 by Abertis, Hispasat’s majority shareholder.
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Agreement reached with Abertis on sale of Eutelsat stake in Hispasat

Eutelsat Communications (Euronext Paris: ETL) and Abertis Group have reached an agreement on the sale of Eutelsat’s 33.69% stake in Hispasat to Abertis. It follows the initiation of the process in July 2016 when Eutelsat exercised the put option granted in 2008 by Abertis, Hispasat’s majority shareholder.