Sanef shareholder CDC confirms 15% stake up for sale (translated)
French state-owned financial services group Caisse des Depots et Consignations (CDC) confirmed it has put its 15% stake in French motorways operator Societe des Autoroutes du Nord et de l'Est de la France (Sanef) up for sale, French daily Les Echos reported.
Sanef is majority-owned by Spanish group Abertis [BME: ABE].
Earlier it was said Abertis is keen to acquire the 15% stake in Sanef put up for sale by CDC. A previous article noted several valuations by investment banks estimated the stake to be worth more than EUR 1bn