Salini Impregilo is in talks to merge with insolvent Astaldi
Astaldi had declared insolvency in September 2018. Salini, which grabbed larger Impregilo before, now uses this opportunity to also take over Astaldi. A good summary of what is going on in Italian (tunnel) construction companies: https://bit.ly/2QpOTAKWebuild and Astaldi agreed on exchange ratio, timing and procedure for the merger
...on the terms and timing of merger. Webuild is much bigger company than Astaldi. WeBuild itself is a merger o...ss-releases/agreed-exchange-ratio-timing-and-procedure-for-webuild-and-astaldi-mergerReply on topic: Salini Impregilo is in talks to merge with insolvent Astaldi
Having second thoughts. At least Astaldi will not go bust if Salini buys it.Astaldi start excavation of Bătuta Tunnel that connects Romania with West
...It is part of TEN-T axis 22 Nuremberg - Prague - Vienna - Budapest - Curtici - Simeria - Brașov - Bucharest - Constanța railway. On this railway Astaldi SpA - FCC Construccion SA - S...Metro Warsaw 2nd Line: Location of new stations decided. Gulermak launched 2 more TBM
...decision removes the last uncertainty for the companies building the extension: Turkey's Gulermak and Italy's Astaldi. Metro Warszawskie had assigned Gulermak and Astaldi to build the extension in the...Reply on topic: Salini Impregilo is in talks to merge with insolvent Astaldi
Astaldi in last many years focused on countries and regions with a lot of corruption like Turkey and South America, In corrupt countries profit margins are huge. But cost of doing business can also rise rapidly,Reply on topic: ICON 200 2019 - The world’s biggest construction contractors
...taly is in with 8 companies Saipem 34 Salini Impregilo 58 (11 down from previous year) Maire Tecnimont 87 (7 down from previous year) Astaldi 102 (5 down from previous yea...Bucharest's Otopeni Metro Tender. Metrorex has to re-admit disqualified contractor Aktor
...in) - Impresa Pizzarotti & C SpA Italia S.p.A. (Italy) 6. Astaldi S.p.A. (Italy) - Salini Impre...on (Spain) - GULERMAK J.V. (Turkey) Greek Aktor and Italian company Astaldi were among the disqualified c...
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