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United Utilities agrees sale of Tallinn Water for about $121 mln

Feb 3 (Reuters) - United Utilities Group said on Wednesday it has agreed to sell its stake in Estonia’s Tallinn Water for 100.3 million euros ($120.54 million).

The sale of the 35.3% stake to a consortium led by United Utilities’ existing partner, the city of Tallinn, is expected to close by April, the London-listed water company said.

$1 = 0.8321 euros Reporting by Yadarisa Shabong in Bengaluru; Editing by Shounak Dasgupta

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