Sacyr in Talks to Sell Water Unit to Marubeni, Expansion Says
The unit’s assets and debt are estimated to be valued at about 250 million euros ($340.3 million), the newspaper said, citing unidentified people in the water industry.
Marubeni has already informed European competition authorities of the deal in which a Japanese investment fund will also participate, Expansion said.
A spokesman for Sacyr declined to comment when contacted by Bloomberg News. A call to Marubeni’s Madrid office wasn’t immediately answered.
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