Feb 1 (Reuters) - Ferrovial SA FER.MC :
- Ferrovial has serious concerns about Broadspectrum's target's statement and
the Ernst & Young valuation
- Ernst & young value range is unrealistic and inconsistent with market
benchmarks
- Offeror "has ignored trading prices in the 6 months prior to the offer being
announced"
- There are serious concerns around the post 2016 outlook that Broadspectrum
have not 7 disclosed - post FY 2016
- Offer is not opportunistic and market conditions have been ignored - since
December 9 10 2014
- Ferrovial stands by its cash offer of $1.35 per Broadspectrum share
- Says Broadspectrum ignores significant negative changes since December 2014
- Expect the Broadspectrum share price to fall significantly in the absence of
our takeover offer
