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New Deal


Announced

ACS Group to acquire a 14.46% stake in Hochtief from Atlantia for $577m.

Financials

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Transaction Value£506m
Consideration TypeCash
Capital Owned-
Capital Bid For14%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Germany

Construction Services

Friendly

Single Bidder

Minority

construction

Pending

Acquisition

Cross Border

Synopsis

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ACS Group, a civil and engineering construction company, agreed to acquire a 14.46% stake in Hochtief, a German construction company, from Atlantia, an Italian holding company active in the infrastructure sector, for $577m. The sale of the stake forms part of Atlantia’s strategy of rationalizing the investment portfolio and selling off non-core investments.

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