Spain’s ACS group reaches agreement to sell Urbaser to unnamed Chinese group

Price could be as much as €1.4bn / ACS currently €3.7bn in debt

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(E, PRC) – The Spanish construction and services group ACS has found a buyer for its waste management operations. The company announced on 26 September that it had reached an agreement on the sale of its subsidiary Urbaser with Firion Investments, "a company controlled by a Chinese group". ACS did not provide ...

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