ACS Continues to Consider Possible Counteroffer for Abertis

By FeaturesDow Jones Newswires

Spanish construction company ACS (ACS.MC) said on Friday that it was continuing to consider a potential counteroffer for Abertis Infraestructuras SA (ABE.MC), following a previous offer made by Italian company Atlantia SpA (ATL.MI) in June.

ACS said, among the various options it is considering, it may launch a competing bid with its German affiliate Hochtief AG (HOT.XE). However, a possible offer "has not been submitted for the deliberation and agreement" of the market regulator, ACS said.

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(END) Dow Jones Newswires

September 22, 2017 13:42 ET (17:42 GMT)