Indra takes 89% of Hispasat
The purchase by global defence specialist Indra Group of Madrid-based satellite operator Hispasat, first announced in January, has been formalised. Indra will take a 89.68 per cent stake from infrastructure company Redeia. The cost is to be €725 million. This means that Redeia has lost some €225 million since it acquired Hispasat in 2019 when […]