EDP reduced its stake in Sonaecom
Thursday 14, December 2006
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In line with EDP's strategic plan, which contemplates the disposal of non core assets, EDP reduced its stake in Sonaecom.
EDP would like to inform that the holding 093X - Telecomunicações Celulares, S.A. ("093X"), 100% held by EDP, made today a private placement of 29,150,000 shares of SonaeCom at a price of €4.85 per share. The placement was leaded by Millennium BCP Investimento and UBS.
This disposal is in line with EDP's strategic plan, which contemplates the disposal of non core assets.
EDP - Energias de Portugal, S.A.
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