Ferrovial : UK services division finally sold ahead of our valuation
>A long-lasting disposal process results in Amey being sold - Ferrovial has just announced the disposal of Amey, its UK services division, which had already been defined as held for sale since 2019. The price achieved implies a £ 245m (€ 278m) equity value and a £ 400m (€ 454m) enterprise value. The payment will be done through a lump sum amounting to £ 109m (€ 124m) and a five-year vendor loan note for the remainder £ 136m (€ 154m) at a 6% interest rate during the fi...Ferrovial is a transportation company based in Spain. Co. is engaged in operations in the transportation sector. Co. specializes in the design, construction, management, administration and maintenance of transport infrastructures. Co.'s services range also includes the maintenance of parking lots, and land-, sea- and air-based transport networks. Co. is also engaged in the promotion and operation of short-stay parking lots, parking regulation and management services and promotion and sale of residents' parking.
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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