|Bid||35.470 x 17700|
|Ask||36.000 x 7700|
|Day's range||35.460 - 35.990|
|52-week range||21.700 - 36.750|
|PE ratio (TTM)||14.47|
|Earnings date||28 Jul 2017|
|Dividend & yield||0.96 (2.34%)|
|1y target est||N/A|
Q1 2017 ACS Actividades de Construccion y Servicios SA Earnings Call
FRANKFURT/AMSTERDAM, March 23 (Reuters) - VolkerWessels, the largest Dutch construction company, is preparing a stock market listing which may value the family-owned business at more than 2 billion euros ($2.15 billion) including debt, people close to the matter said. The company's main shareholders are expected to offer a stake of 20 to 49 percent of the company in the initial public offering, depending on investor demand, the people said. VolkerWessels has already held analyst presentations and is working with Morgan Stanley, Bank of America, ING and ABN Amro as global coordinators on the deal, while Kempen is acting as IPO advisor, the sources said.
German builder Hochtief on Thursday denied it would bid for a possible contract to build a wall on the U.S. border with Mexico. "Hochtief did not make any statement on the construction of a wall between the USA and Mexico," the company said in a statement on Thursday. "We emphasize that neither HOCHTIEF nor our U.S.-subsidiaries are pursuing plans to tender for this wall," the company said.