ACS studying Abertis counterbid

Italian group made offer in May

(ANSA) - Rome, July 21 - Spanish company ACS said Friday that it was examining a possible counterbid for highway toll company Abertis to stop a takeover by Italy's Atlantia. The Italian infrastructure company made a 16-billion-euro bid for Abertis in May.
    According to a Spanish media report, ACS is working on an offer that could feature German subsidiary Hochtief for the counterbid.
   

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