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Latest Actividades de Construccion Stories

2008-07-30 09:01:19

Gas Natural has stated that it is negotiating with the Spanish construction company Actividades de Construccion y Servicios over the prospective acquisition of the latter's 45% majority stake in electricity utility Union Fenosa, reported Dow Jones. The news source reported that Gas Natural and Actividades de Construccion y Servicios (ACS) have not yet come to a mutual agreement over the transaction. ACS also owns around 13% of Spanish energy major Iberdrola, and the divestment of its 45%...

2008-07-25 12:01:14

By Judy MacInnes Is the third time the charm for Gas Natural? The natural gas company, based in Barcelona, said in a regulatory filing Thursday that it was competing to buy a controlling stake in a rival utility, Union Fenosa, based in Madrid, its third attempt to acquire another Spanish energy company. If successful, the move could lead to the creation of a domestic energy champion and head off would-be foreign acquirers. That is something likely to please the administration of the...


Word of the Day
jument
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.
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