Reporting by Angeliki Koutantou; editing by Susan Thomas
ATHENS, June 20 (Reuters) - China's State Grid, the world's biggest utility, concluded on Tuesday the acquisition of a minority stake in Greece's power grid operator ADMIE, Beijing's second big investment in the bailed-out country in more than a year.
Under its latest international bailout by the European Union and the International Monetary Fund, Greece has agreed to spin off ADMIE from its state-controlled power utility Public Power Corp. and sell a 24 percent stake to State Grid for 320 million euros ($356 million).
