DataRoom AM: Transfield stumbling block

Ferrovial’s proposed takeover of Transfield Services appears to have run into difficulties, while Macquarie Group is well placed to acquire a portfolio of European electricity assets.

When Ferrovial lobbed its $1 billion bid for Transfield Services last month, the target played hardball by rejecting the offer as too low. But now it’s the Spaniards’ turn to dig in.

Elsewhere, Macquarie Group appears to have a good chance at some European electricity assets, APA Group sounds optimistic as a BG Group deadline nears and Denham Capital digs for Australian mining deals.

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