Hints and tips:
The appeal of the Italian infrastructure group is clear
...The Atlantia bid has faced a political challenge with scepticism about the deal by two senior Spanish politicians, the public works minister Íñigo de la Serna and energy minister Álvaro Nadal....
Groups create partnership to compete internationally as bidding war for toll road operator ends
Joint takeover is a clever and complex compromise but target’s shareholders are the big winners
...The finance minister, Luis de Guindos, publicly said in October that the government would be “neutral”....
It seems unlikely Madrid will pay hedge funds more than its own banks
Debt holders say country owes them €4.5bn for bankrupt projects
More than half of acquisitions in the first quarter were worth in excess of $5bn
ACS-controlled construction group seeks to beat €16.3bn offer from Atlantia
Neither of the two bids for the Spanish group is compelling
...In response to the bid, Spain’s infrastructure minister Iñigo de la Serna said the government would “act with determination to defend the general interest of Spain.”...
...A seventh field was awarded, to Mexico’s Iberamericana de Hidocarburos in partnership with another Mexican firm, Servicios PJP4. The other three fields attracted no bids....
...Those who seethed about the creeping takeover of the company by Spain’s Actividades de Construcción y Servicios (ACS) in 2011 are less hot under the collar these days....
The company’s chief executive has had to swim against the current
Osborne to announce consultation on easing restrictions
...The country has already taken important steps to expand this important industry, through such measures as free trade agreements and the SE’s IMMEX programme ((Industria Manufacturera Maquildora y de Servicios...
Equity capital market issuance hits $13.9bn this year
...Saeta Yield, a new renewable energy company spun out of Actividades de Construcción y Servicios, the Spanish infrastructure group, began publicly trading in Madrid on Monday as enthusiasm for new equity...
Minority shareholders are being treated appallingly
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