EU Clears Citigroup To Buy 43% Of Itinere Infraestructuras
16 Febrero 2009 - 4:49AM
Noticias Dow Jones
The European Commission said Monday it has cleared Citi
Infrastructure Partners, a unit of U.S. bank Citigroup Inc. (C), to
buy a 42.83% stake in Itinere Infraestructuras SA, a Madrid-based
highway construction company.
Citi will pay EUR6.2 billion. Itinere was previously owned by
Spain's Sacyr Vallehermoso SA (SYV.MC).
-By Carolyn Henson, Dow Jones Newswires; +32 2 741 1481;
carolyn.henson@dowjones.com