FCC completes sale of 49% stake in Aqualia to IFM

FCC completes sale of 49% stake in Aqualia to IFM

FCC has announced that it has formally completed the sale of a 49% stake in its Aqualia subsidiary to Australian fund IFM Investors for EUR1.024 billion (US$1.187 billion). This comes after the European Commission (EC) and the Federal Economic Competition Commission of Mexico approved the sale on 22 August and 20 September, respectively.

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