ACS/Galliford Try consortium in running for bridge contract

20th Feb 2012 11:49

Spanish construction company ACS was selected as a finalist for the construction and operation of a bridge in the United Kingdom. The deal is valued at €840m.In alliance with German subsidiary Hochtief and the Galliford Try group, ACS competes against another consortium consisting of the Spanish FCC and the Australian finance house Macquarie.The winner is expected to be selected on May 2013 with the financial details expected to be closed in October of that year.By 11:55am, shares of ACS were up +0.8% to €23.61.C.P.O.

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