ACS : Final acquisition in order to reach 100% of the SH-288 motorway in Texas
>22% of the SH-288 acquired at similar implied valuations than the latest acquisitions - ACS has announced that it has acquired the final 21.62% stake it needed to reach a 100% stake in the SH-288 motorway in Texas. The price paid amounts to $ 450m (c.€ 391m), which implies valuing 100% of the equity at $ 2,081m. This is a similar implied valuation to the c.$ 2,044m (one from the stake acquired in October (€ 250m for a 12.11% stake) or to the c.$ 2,016m from the sta...ACS Actividades de Construccion y Servicios is a holding company. Through its subsidiaries, Co.'s activities are divided into the following areas: Construction, engaged in the construction of civil works, and residential and non-residential building construction; industrial services, engaged in the development of applied engineering services, installations and the maintenance of industrial infrastructures in the energy, communications and control systems sectors; services, groups together environmental services, the outsourcing of building maintenance services, logistics and transport services; and concessions, mainly engaged in transport infrastructure concessions.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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