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.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
