Aguas de Valencia instructs Garrigues on sale of 33% stake

Garrigues advised Aguas de Valencia on the sale of a stake in the company to Fomento Urbano de Castellón.


Under the terms of the deal, Suez and CriteriaCaixa sold a 33.06 per cent share in Aguas de Valencia to Fomento Urbano de Castellón

The transaction was valued at €70 million, according to Mergermarket.

Fomento Urbano de Castellón now owns 97.35% of the shares of Aguas de Valencia.


Ben Cook