Thursday July 2, 12:08 PM
Spain's Indra sells further 1.5 pct stake to funds
MADRID, July 2 (Reuters) - Technology firm Indra (Madrid: IDR.MC - news) has sold a further 1.5 percent of its own shares to institutions, given strong demand in a placement managed by JP Morgan.
Earlier, a 10 percent stake in Indra was sold by Union Fenosa (Madrid: UNF.MC - news) to financial holding company Alba (LSE: ABA.L - news) at 15 euros per share. Fenosa also sold another 3 percent to institutions.
(Reporting by Clara Vilar; Writing by Elisabeth O'Leary)
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