Ferrovial was partnered up with TSE [et al] on the East West link project.
They were rumoured to be looking at John Holland as well.
Huge in tunnels. They have done work in Aust before, I think up Qld.
TSE is very much on the mend, long way to go. I still have a $2 target on it over next 12 months. .. but caution here as I've got it very wrong before.
Good luck to shareholders
Ann: Transfield Services receives proposal from Ferrovial, page-5
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