Spanish construction group Actividades de Construccion y Servicios (ACS) has launched an all-share bid for the 70% of Hochtief it does not already own, but said it is targeting a controlling stake of just over 50%. The Spanish group is offering eight ACS shares for every five of the German builder.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
