ABERTIS INFRAESTRUCTURAS, S.A. : LES AUTORITES DE LA CONCURRENCE APPROUVENT L'ENTRÉE D'ABERTIS DANS L'ACTIONNARIAT D'HISPASAT

Les autorités de la concurrence européennes ont approuvé, sans conditions, l'accord par lequel Abertis, à travers sa société de télécommunications Abertis Telecom, détiendra 28,4 % d'Hispasat. Cette opération, qui fait d'Abertis le premier actionnaire de l'opérateur satellite espagnol, avait été annoncée le 31 octobre 2007, suite à la finalisation de l'accord de vente entre Abertis, Ensafeca Holding Empresarial (anciennement Auna) et BBVA, actionnaires privés de Hispasat. En février dernier, le gouvernement espagnol avait aussi approuvé cette opération.


The acquisition of the stakes held by Ensafeca Holding Empresarial (17.6%) and BBVA (10.8%) in Hispasat will entail an outlay for abertis telecom of E199Mn. The deal will be financed initially with short-term lines of credit, which will subsequently be taken out with long-term financing.

Hispasat currently operates a fleet of five communications satellites with orbital positions providing coverage in Europe and North and South America to 100% of the Spanish-speaking and 90% of the Portuguese-speaking markets. In 2007, Hispasat recorded revenue of around E128Mn, EBITDA of E101Mn and net profit of E36Mn.

abertis telecom's acquisition of a direct stake in Hispasat reinforces the strategy initiated with the purchase in January 2007 of 32% of Eutelsat, which in turn owns 27.69% of Hispasat, to round off its position in the terrestrial signal transmission network with a satellite transmission network and broaden the geographical scope of abertis' telecommunications business.

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