Cepsa will be launched onto the stock market in the last quarter of the year through an IPO. Valuations are being discussed in the range of 10 or 11 billion euros for 100% of the company. The Abu Dhabi sovereign fund (IPIC) bought 100% of Cepsa in 2011. At that stage Cepsa was listed in the stock market for approximately 7.5 billion euros.Read More
Link Securities | The Spanish construction and infrastructure company Ferrovial has won the contract to install two electrical substations in support of the construction of what will be the UK´s first high speed rail line linking London and Birmingham.