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Spain Plans to Raise $39 Bln From State-Company Sales, ABC Says

March 01, 2012

Prime Minister Mariano Rajoy’s government is planning to sell state-owned companies for more than 29 billion euros ($39 billion), ABC reported, citing unidentified officials at the Economy Ministry.

The listed and unlisted companies to be sold include the national lottery, as well as enterprises owned by regions and municipalities; industries involved include water and transportation, the newspaper said.

To contact the reporter on this story: Angeline Benoit in Madrid at

To contact the editor responsible for this story: Craig Stirling at

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