20-02-18: FCC and IFM in advanced negotiations regarding the acquisition of a 49% of FCC Aqualia, S.A.
February 20, 2018 at 05:41 am EST
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REGULATORY DISCLOSURE
Madrid, February 20th 2018. In compliance with the provisions of Article 228 of the consolidated text of the Spanish Securities Market Law approved by Legislative Royal Decree 4/2015, of 23 October, Fomento de Construcciones y Contratas, S.A. ("FCC" or the "Company") hereby releases the following Regulatory Disclosure:
FCC having received an offer on behalf of IFM Global Infrastructure investment fund ("IFM") regarding the acquisition of minority stake of FCC Aqualia, S.A., FCC and IFM have entered into advanced and exclusive negotiations regarding the acquisition of a 49% stake in FCC Aqualia, S.A. by IFM.
Capital Markets Departmentir@fcc.es+34 91 757 47 51
FCC - Fomento de Construcciones y Contratas SA published this content on 20 February 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 February 2018 10:40:09 UTC.
Original documenthttp://www.fcc.es/documents/21301/842802/20180220_HR_IFM_Aqualia_i.pdf/3d643f3c-d745-f45d-a5a7-3c907b9f4d00
Public permalinkhttp://www.publicnow.com/view/E815FDA8C89ED3D1FA9BAECFCC19BE3EC70A045E
Fomento de Construcciones y Contratas SA (FCC) is a Spain-based company primarily engaged in the provision of environmental services. The Company's activities are divided into four business areas: Environmental services, Construction, Water management and Cement. The Environmental services division focuses on street cleaning, maintenance of urban parks and gardens, industrial waste management, waste treatment and recycling, among others. The Construction division offers engineering and construction of civil works, such as roads, railways, airports and hydraulic projects, as well as residential and non-residential buildings. The Water management division operates an integrated water management cycle, which includes intake, purification, treatment and distribution of the waste water. The Cement division manufactures cement, concrete, aggregate and mortar. The Company operates through numerous subsidiaries in Europe, the Americas, Africa and the Middle East region.