Construction M&A » By The Online Investor Staff, updated Sun., Apr. 11, 8:11 PM
Recent mergers and acquisitions in the Construction M&A category.
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Slide #3. Abengoa — 25% of GreenTech
Acquirer:
Abengoa (ABGB)
Acquiree:
25% of GreenTech
Details:
Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the company that applies innovative technology solutions for sustainability in the energy and environment sectors, has acquired 25% of the Beijing-based water company, GreenTech.
Abengoa is the parent company of a group of companies engaged in promoting, executing and managing infrastructure projects in the energy and environmental sectors in more than 50 countries. Co. promotes sustainable development solutions, including delivering new methods for generating power from the sun, developing biofuels, producing potable water from seawater, efficiently transporting electricity. Co. operates through three activities: Engineering and Construction, Concession-Type Infrastructure and Industrial Production.
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Avg. Broker Rec.
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Sell (1.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
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