International Consolidated (LSE:IAG)
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1 Year : From May 2012 to May 2013
The Spanish government is looking to raise between EUR20 billion and EUR30 billion from an ambitious plan of privatizations, which is expected to be approved before the summer, Spanish news agency Europa Press reported Sunday, citing sources at the Finance Ministry.
The plan involves, among others, the sale of Spanish rail operator Renfe, airport operator Aena Aeropuertos, state lottery company Loterias y Apuestas del Estado, Madrid-based water utility Canal de Isabel II, as well as divestments of its stakes in International Consolidated Airlines Group (IAG.MC), food company Ebro Foods and Red Electrica de Espana SA (REE.MC), the agency added.
Agency Web site: www.europapress.es
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