ACS Continues to Consider Possible Counteroffer for Abertis
September 22 2017 - 12:57PM
Dow Jones News
By Anthony Shevlin
Spanish construction company ACS (ACS.MC) said on Friday that it
was continuing to consider a potential counteroffer for Abertis
Infraestructuras SA (ABE.MC), following a previous offer made by
Italian company Atlantia SpA (ATL.MI) in June.
ACS said, among the various options it is considering, it may
launch a competing bid with its German affiliate Hochtief AG
(HOT.XE). However, a possible offer "has not been submitted for the
deliberation and agreement" of the market regulator, ACS said.
Write to Anthony Shevlin at anthony.shevlin@dowjones.com
(END) Dow Jones Newswires
September 22, 2017 13:42 ET (17:42 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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