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(From Telecompaper Europe)
Abengoa's communications technology subsidiary, Telvent, has reached an agreement to buy 100 percent of Spanish technology consultant Matchmind for an undisclosed amount. Cinco Dias writes that Telvent is buying 58 percent of Matchmind initially, with the latter's management holding 40 percent. In the first three years, Telvent will increase its ownership to 100 percent. A definitive acquisition agreement is expected to be signed before 15 October. Telvent said ...