Serveo, the facility services group owned by the Spanish fund manager Portobello, has reached an agreement to sell its electric bike-sharing business in Spain to its partner in this venture, the US multinational Lyft, according to market sources familiar with the process. The transaction, dubbed ‘Operation Copenhagen’, covers Serveo’s controlling stakes in the contracts for the supply and/or operation of the bike-sharing service in Barcelona, Madrid, Zaragoza, Bilbao, Valladolid, La Coruña and Rivas (Madrid).

SOURCE: elEconomista.es

Read more: https://www.eleconomista.es/infraestructuras-servicios/noticias/13996683/07/26/las-bicicletas-publicas-de-barcelona-y-madrid-cambian-de-manos-la-californiana-lyft-compra-el-negocio-a-serveo.html

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