Ferrovial rose 0.92% on the stock market after gaining shareholder support for transfer to Netherlands

No time to read?
Get a summary

The value, which reached 27.27 Euros per share with an increase of 0.48%, continued to rise with the start of the normally held shareholders’ meeting at 12:30.

HE The last move for him to act came at 2:20 pm when he learned that the offer had been accepted. it reaches a revaluation of 1.25% by the majority of the shareholders voting at the meeting and is even exchanged at 27.48 euros.

However, this effect diminished when the meeting ended, but the stock managed to close to 27.39 Euros, an increase of 0.92% compared to the previous day.

The board of directors gave the ‘green light’ to the operation initiated by the Spanish parent company with a majority of 77.6%. Will merge with Dutch subsidiaryThe result will create a new firm in that country, which will mean that the multinational corporation will cease to be Spanish.

Ferrovial’s main shareholder is chairman Rafael del Pino, who controls 20.4% of the capital, followed by his sister María del Pino (8.2%); The British TCI fund (6.4%), founded by British billionaire Christopher Hohn, ranked 273rd on the Forbes list of the world’s greatest fortunes; his other brother Leopoldo del Pino (4.1%) and BlackRock (3.18%) and Lazard (3%) funds.

No time to read?
Get a summary
Previous Article

Zaluzhny: Chief of the Joint Staff of the French Armed Forces Burcart visited Ukraine for the first time

Next Article

Russian boxing team sets medal plan for men’s world championship in Tashkent