China Tianying prepares to sell stake in Spain’s Urbaser

18 September 2020 - 12:00 am UTC

China Tianying is planning to sell a minority stake in Spanish environment company Urbaser, which it acquired in 2016 for USD 1.4bn.  

The private-sector energy-from-waste company is seeking strategic investors internationally, with the expectation that the new investor will be also able to provide additional capital to propel the company’s expansion both at home and abroad, a spokesperson told Inframation. 

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