Middle East building downturn that began in 2015 shows little sign of abating
Joint takeover is a clever and complex compromise but target’s shareholders are the big winners
Florentino Pérez’s ACS may have politics on its side as Atlantia bid prompts unease in Madrid
It seems unlikely Madrid will pay hedge funds more than its own banks
Italian infrastructure group aims to thwart rival offer by Hochtief for Spanish company
Neither of the two bids for the Spanish group is compelling
ACS-controlled construction group seeks to beat €16.3bn offer from Atlantia
Potential Deutsche Bank probe adds to Gulf state’s woes
The contractor’s shares have been on a tear but its subsidiary looks better value
German construction company says breach was ‘inadvertent’
Procurement starts although rail project has yet to gain Royal Assent
Minority shareholders are being treated appallingly
German builder is itself pressured over Australian group’s board
International Edition