Brief: Iberdrola To Sell Iberdrola México Unit To Cox Group
July 31 (Reuters) - Iberdrola SA: AGREEMENT FOR DIVESTMENT OF IBERDROLA MÉXICO S.A. DE C.V. TRANSACTION IS DRIVEN BY EUR 55 BILLION OF EXPECTED INVESTMENTS UNTIL 2031 IN GROUP’S NETWORK BUSINESS, MAINLY IN U.S. AND IN U.K. PURCHASER WILL PAY TO SELLER AT SIGNING OF AGREEMENT USD 35 MILLION WHICH WILL BE DEDUCTED FROM AMOUNT TO BE PAID AT CLOSING OF TRANSACTION Source text: ID:nCNM6q1CTz Further company coverage: COXGA.MC (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))