KKR, Allianz, AXA to Bid on Red Electrica's Optic Fiber Unit -Expansion
October 11 2021 - 3:47AM
Dow Jones News
--KKR & Co., Allianz SE and AXA SA are among the six parties
interested in bidding for a 49% stake in wholesale optic-fiber
operator Reintel, Spanish business newspaper Expansion reports,
citing unnamed sources.
--The company, a subsidiary of Spanish grid operator Red
Electrica, is valued at 1.2 billion to 1.3 billion euros ($1.39
billion-$1.5 billion), according to Expansion.
Full story in Spanish: https://bit.ly/2YAs7OP
Write to Cristina Roca at cristina.roca@wsj.com
(END) Dow Jones Newswires
October 11, 2021 03:32 ET (07:32 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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