Germany's Hochtief AG on Wednesday made a EUR18.6 billion ($21.9 billion) offer to buy Abertis Infraestructuras SA. "Hochtief Launches EUR17.10 Billion Counterbid for Spain's Abertis," at 1406 GMT, misstated the total value of the deal in the headline and first paragraph. The initial value given excluded around EUR1.5 billion of Abertis treasury shares. The total value of the bid is EUR18.6 billion, not EUR17.1 billion.

 

(END) Dow Jones Newswires

October 19, 2017 03:56 ET (07:56 GMT)

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