Friday, July 20, 2007

Mutua Madrilena selling 3 pct stake in ACS

(Reuters) - MADRID, July 20 - Spanish insurer Mutua Madrilena is selling its stake of about 3 percent in construction group ACS through a private placement carried out by Morgan Stanley, the firms said on Friday.



Shares in ACS opened 2.8 percent lower on the news and at 0811 GMT were down 2.6 percent at 46.82 euros.


Read more at Reuters.com Government Filings News

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