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ACS buys U.S. construction firm for $150 mln

Fri Dec 28, 2007 2:29am EST

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MADRID, Dec 28 (Reuters) - Spanish services-to-buildling firm ACS (ACS.MC) said on Friday it had bought New Jersey, United States-based construction firm Schiavone Construction Co for $150 million.

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The purchase was carried out through ACS's subsidiary Dragados Inversiones USA, the firm said in a statement to the stock exchange. (Reporting by Sonya Dowsett)

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