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Fomento de Construcciones y Contratas SA (FCC.MC)

FCC.MC on Madrid SE C.A.T.S.

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Latest Key Developments (Source: Significant Developments)

FCC in consortium wins contract to build Vopak storage terminal in Panama
Monday, 3 Apr 2017 05:27am EDT 

Fomento de Construcciones y Contratas SA : Says in consortium with Felguera IHI wins contract to build Vopak storage terminal in Panama .The contract was awarded by Royal Vopak.  Full Article

FCC unit wins cleaning contract in Spain for 23.4 mln euros
Monday, 27 Mar 2017 11:18am EDT 

Fomento de Construcciones y Contratas SA : Says its unit, FCC Medio Ambiente, has won a contract for cleaning of centers, municipal offices and public schools in Almeria in Spain .The contract is worth more than 23.4 million euros ($25.5 million) for a period of four years, with the possibility of an extension of two years more.  Full Article

FCC wins 20.2 mln euro environmental management contract in Spain
Friday, 24 Mar 2017 08:51am EDT 

Fomento de Construcciones y Contratas SA : Says its unit FCC Ambito wins 5-year contract for environmental management of three Airbus Group's plants in Spain, for the total of 20.2 million euros ($21.8 million) Further company coverage: [FCC.MC] ($1 = 0.9260 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

FCC wins 21.6 mln euro deal to maintain parks and gardens in Malaga, Spain
Friday, 17 Mar 2017 03:50am EDT 

Fomento de Construcciones y Contratas SA : Says wins contract for conservation and maintenance of parks and gardens in Malaga worth 21.6 million euros ($23.2 million) .Deal in Malaga is for the period of four years, extendable for two more years.  Full Article

FCC reaches deal with creditors to refinance debt, issue bonds
Wednesday, 15 Mar 2017 03:35am EDT 

Fomento de Construcciones y Contratas SA : In relation to media reports, says it reached deal with all creditors for novation of existing contracts .Expects to issue debt instruments in the capital market.  Full Article

Cementos Portland to delist from stock exchange as of Feb. 24
Thursday, 23 Feb 2017 12:37pm EST 

Madrid Stock Exchange:Cementos Portland to delist from stock exchange as of Feb. 24.  Full Article

FCC wins waste treatment contract in Mesquite, Texas for $ 1.5 million
Thursday, 23 Feb 2017 08:57am EST 

Fomento de Construcciones y Contratas SA (FCC) : Says wins waste treatment contract in Mesquite, Texas, United States for $ 1.5 million . In just over two years, FCC has added seven municipal contracts in the United States with accumulated portfolio of about $562 million Further company coverage: [FCC.MC] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

FCC says no room for squeeze-out after Cementos Portland takeover
Monday, 20 Feb 2017 12:43pm EST 

Fomento de Construcciones e Contratas :Says there is no room for the squeeze-out of the remaining shares of Cementos Portland Valderrivas after takeover bid.  Full Article

FCC bid for Cementos Portland accepted by 18 pct of share capital- regulator
Friday, 17 Feb 2017 08:52am EST 

Comision Nacional del Mercado de Valores (CNMV): Shareholders of Cementos Portland accept takeover bid by FCC in 18.07 percent of share capital .Takeover bid accepted by 87.81 percent of Cementos Portland shares targeted in the offer.  Full Article

Masmovil buys back convertible debt from FCC for 28.9 mln euros
Wednesday, 8 Feb 2017 06:32am EST 

Masmovil Ibercom SA : Said on Tuesday it has bought back convertible debt from FCC for 28.9 million euros ($30.8 million) . Replaces convertible debt with senior debt of 24.3 million euros, reduces financial burden and cancels bank guarantee; sees a potential saving of up to 20 million euros in financial expenses .Says operation also implies elimination of a 16.2 million euro earn-out, associated with the acquisition of Yoigo, and allows to avoid dilution of shareholder's stakes in case of debt conversion.  Full Article

More From Around the Web

BRIEF-Cementos Portland and FFC approve corporate operation in Giant

* Says its board of directors and the board of directors of Fomento de Construcciones e Contratas (FCC) have approved a corporate operation in Giant, a unit of Cementos Portland Valderrivas (CPV) in the US