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off the top of my head w/ no research, i'd say that ACS must expand to other markets because of the slowdown in Spain.  Further, they see Hochtief with a huge coming position constructing in the offshore wind sector.  In fact, hochtief is in a 50% partnership with Beluga Shipping to not only construct, but build construction and transport vessels.

this could be one reason why the german gov is taking a stance to prevent the takeover.

all taking place on the new battlefield of market protectionism (see cf. german giants taking on China over IP, tech transfer steals, and low yuan; or france/Alsom taking on Eurotunnel/Siemens; dollar devaluation.)

"Life shrinks or expands in proportion to one's courage." - Ana´s Nin

by Crazy Horse on Fri Oct 15th, 2010 at 05:25:39 AM EST
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