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Abertis sees offers could rise with new players

Infrastructure giant Abertis has informed Spain’s market trading and shares supervisory body (CNMV) that the initial offer made by Italian company Altantia of €16.50 a share could be improved on and despite that bid being approved by the body, with the entrance of the Spanish construction company ACS with an offer 14% higher, the company feels it needs time to assess developments.

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