Friday 10 December 2010

ACS Welcomes Qatar Increasing Stake in Hochtief, FTD Reports - Bloomberg

Actividades de Construccion y Servicios SA welcomes Qatar Holding LLC increasing its stake in Hochtief AG, Financial Times Deutschland reported, citing an interview with ACS General Manager Angel Garcia Altozano.

ACS sees Qatar as a “good partner,” Garcia Altozano said, the newspaper reported in a preview of an article to be published tomorrow.

Qatar plans to increase its stake above the announced 9.1 percent by buying more shares at the stock exchange, Financial Times Deutschland reported today, without saying where it got the information.

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