- Insider Monkey
25 Richest Billionaires in Construction and Engineering Industry
In this article, we will look into the 25 richest billionaires in construction and engineering industry. If you want to skip our detailed analysis, you can go directly to the 5 Richest Billionaires in Construction and Engineering Industry. An Outlook of the Construction and Engineering Industry According to a report by Research and Markets, the […]
- Reuters
Spain's Ferrovial expects Nasdaq listing in early May
Spain's Ferrovial expects to list on Nasdaq around May 9 after concluding a regulatory review for its registration, the construction firm said late on Friday. The builder of toll roads, airports and energy projects said the company had filed an acceleration request before the U.S. SEC to declare its registration statement effective on May 8. Ferrovial's ordinary shares will be trading on Nasdaq under the ticker symbol "FER", following a decision to move its headquarters to the Netherlands from Spain as a way to accelerate a U.S. listing.
- Reuters
Spain's Ferrovial to buy 24% stake in IRB Infrastructure Trust for $810 million
The group will acquire this stake from affiliates of Singapore's sovereign fund GIC, which currently owns a 49% stake in IRB Infrastructure Trust, Ferrovial said in a filing to Spanish stock market regulator CNMV. IRB Infrastructure Trust has a pipeline of three additional concessions in a country that is expanding its highways and plans to invest around 240 billion euros in roads until 2025, Ferrovial said, citing a report by India's Department of Economic Affairs.
