By Anthony Shevlin
Abertis Infraestructuras said Thursday that it has sold its stake in Cellnex Tel to ConnecT SpA, a subsidiary of Edizione SRL.
The Spanish company said it sold its 29.9% stake for 1.49 billion euros ($1.74 billion).
Abertis said that it was a sale and purchase transaction and that the shares were sold at EUR21.50 per share.
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