Saturday 19 April 2014
 
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Hochtief

Bahrain Airport Company acquires Hochtief JV

Bahrain Airport Company (BAC) said it has taken full control of HOCHTIEF Facility Management Bahrain, its joint venture with the top German construction group, in line with its strategy to boost efficiency of airport’s operations and mai

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Bahrain Airport Company acquires Hochtief JV

Bahrain Airport Company (BAC) said it has taken full control of HOCHTIEF Facility Management Bahrain, its joint venture with the top German construction group, in line with its strategy to boost efficiency of airport’s operations and mai

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Hochtief Bahrain wins major FM certifications

Hochtief Facility Management Bahrain Airport, a joint venture between Bahrain Airport Company and German construction group Hochtief, has been awarded three international integrated management system certifications. The certificat

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Leighton wins $518m Iraq contract

Iraq's cabinet awarded a $518 million contract for an oil export expansion project to Leighton's Singapore-registered Leighton Offshore Private Limited, Iraq's government spokesman said.  Australian Leighton is a unit of G

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ACS and Qatar raise stakes in Hochtief

Hochtief's key shareholders ACS and Qatar strengthened their hold over Germany's largest builder, which rewarded them with forecast-beating profit and a bigger-than-expected dividend. ACS now controls more than 39 per cent in Hocht

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Qatar calls for 'friendly' Hochtief, ACS merger

Qatar hopes a merger between German builder Hochtief and Spanish construction and services group ACS will be 'friendly,' Qatar's Prime Minister Sheikh Hamad bin Jassim bin Jabr al-Thani said on Monday. 'We are hoping f

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ACS boosts stake in Hochtief

Top Spanish builder ACS has cleared the way to own 30 per cent of German peer Hochtief, a threshold that allows the Spanish predator to build a controlling stake in the open market. ACS, saddled with a heavy debt load of more than 9 billio

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Qatar eyes more investment in Germany

Qatar, already heavily involved in car giant Volkswagen and construction group Hochtief, is eyeing further investments in Germany, said a senior government official. 'We've only just begun in Germany,' Economy and Finance Minis

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ACS turns up heat on Hochtief with new bid

Spain's ACS has turned up the heat on bid target Hochtief by sweetening an all-share offer to value its German construction rival at around 4.9 billion euros ($6.5 billion). The Spanish group, stalking Hochtief since September, said that i

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Hochtief bosses urged to quit over stake move

A top investor in both bid target Hochtief and its Spanish predator ACS has called for the resignation of the German builder's bosses who sold a stake in the company to Qatar. Southeastern Asset Management condemned both the price of Hoch

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