LISBON, Feb 14 (Reuters) - Portugal sold its remaining stake in Energias de Portugal (EDP), continuing its commitment to relinquish state assets after receiving 78 billion euros bailout from the European Union and IMF in June 2011.
At the end of 2011, the government sold a 21 percent stake in EDP to China Three Gorges for 2.7 billion euros, which is now EDP's largest, single shareholder.
The state holding company Parpublica said on Thursday it carried out the 4.144 percent stake sale for 356 million euros ($478 million) to institutional investors via an accelerated bookbuilding.
Caixa Banco de Investimento and Morgan Stanley acted as joint bookrunners of the sale.
EDP, which is Portugal's largest company, has been hit by the deep recession at home and in neighbouring Spain over the past few year, but its wind unit EDP Renewables has gained strongly.
Shares in EDP, which were suspended from trading earlier, fell 1.76 percent to 2.38 euros per share soon after trade resumed at 1400 GMT, to trade slightly above the 2.35 euro a share price of Thursday's sale.
(Reporting By Axel Bugge; Editing by Mike Nesbit) Keywords: EDP SALE/
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