US EditionACS falls to 2% in the stock market after losing the concession for a highway in the United States
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ACS shares have fallen by up to 2.3% in the early stages of this Monday's session, to 39.9 euros per title, after it became known late on Friday, with the market already closed, that the Texas Transportation Commission (United States) has decided to anticipate the termination of the concession contract for a highway owned by the ACS Group and Abertis. Specifically, under the current contract, the SH-288 highway, in the Houston metropolitan area,…
Extraordinary revenues could be generated to mitigate the impact on net income for the year.
ACS shares fell 2.3% in the early stages of this Monday's session, to 39.9 euros per title, after it became known late on Friday, with the market already closed, that the Texas Transportation Commission (United States) has decided to anticipate the termination of the concession contract for a highway owned by the ACS Group and Abertis. The situation for Florentino Pérez's company has improved a bit, since at 11.34 a.m., the drop was 1.37%. All b…
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