Showing posts with label AIRPORTS. Show all posts
Showing posts with label AIRPORTS. Show all posts

Friday, 24 October 2014

Ferrovial is on a shopping spree, starting with the UK and Australia

MADRID -- One of Spain's largest companies, Ferrovial, is a big player on the international business scene, specialising in construction, operations and airport management. Having bought -- not without difficulties from the competition authorities -- the remaining shares in three important British airports (Glasgow, Aberdeen and Southampton, the 8th, 14th and 18th busiest in the UK, respectively) in a 50-50 partnership with the Macquarie Fund earlier this week, it put in a non-binding bid to acquire Transfield Services, an Australian firm. Transfield is in the operation and maintenance services businesses in a list of markets that range from natural resources, transport infrastructure and defence to many others. Ferrovial already had a participation in the three airports and still holds