M&AInfrastructureSIGNED
Amancio Ortega Exits Portuguese Grid Operator REN, Selling Stake for €380 Million
Value
€380M
Acquirer
Portuguese State
Target
Amancio Ortega's 13.7% stake in REN
Amancio Ortega's investment vehicle, Pontegadea, has sold its 13.7% stake in the Portuguese electricity grid operator REN for €380 million. This sale marks the return of public capital to REN after 12 years.
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