Iberdrola said to be mulling real estate sell-off

By A staff reporter 2006-12-01T00:00:00

Spanish utility company Iberdrola is reportedly considering selling its real estate unit to help finance a EUR 17.2 bn bid for Scottish Power, according to a report in Spain's business daily Expansion. The newspaper said Iberdrola's chairman Ignacio Sanchez Galan has been opposed to the sell-off up to now because ...

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