“Ferrovial, through a consortium headed by Cintra, has been chosen as the Preferred Bidder for the D4 and R7 motorway concessions in Bratislava (Slovakia).”
“Other consortium members include Australian group Macquarie and Austrian construction company Porr.”
It is tempting to think that Macquarie means MQA but it could possibly be MQG. Neither company has made any ASX announcement. If MQA, then it is a first indication of an expansion into a new project since it was spun out of MIG as ‘Bad Mig’. Of course, MQG “manages” MQA, gets paid in shares, and after all these years probably has to show that it is at least contributing a little bit of positive effort.
It’s not as if the MQA SP has been doing badly, rising from an initial 55c to $4.35 at present, and paying dividends. When Europe begins to pull out of its malaise the optimism should encourage toll road traffic.
Juke
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“Ferrovial, through a consortium headed by Cintra, has been...
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