Transfield a stepping stone to China, says Ferrovial chief

By Jenny Wiggins
Updated October 22 2014 - 1:18am, first published 12:15am
Transfield's chairman Diane Smith-Gander. The company will give its Spanish suitors access to its books as part of takeover discussions.
Transfield's chairman Diane Smith-Gander. The company will give its Spanish suitors access to its books as part of takeover discussions.
An artist's impression of the $6.8 billion East West Link in Melbourne.
An artist's impression of the $6.8 billion East West Link in Melbourne.
Transfield's chairman Diane Smith-Gander. The company will give its Spanish suitors access to its books as part of takeover discussions.
Transfield's chairman Diane Smith-Gander. The company will give its Spanish suitors access to its books as part of takeover discussions.
An artist's impression of the $6.8 billion East West Link in Melbourne.
An artist's impression of the $6.8 billion East West Link in Melbourne.
Transfield's chairman Diane Smith-Gander. The company will give its Spanish suitors access to its books as part of takeover discussions.
Transfield's chairman Diane Smith-Gander. The company will give its Spanish suitors access to its books as part of takeover discussions.
An artist's impression of the $6.8 billion East West Link in Melbourne.
An artist's impression of the $6.8 billion East West Link in Melbourne.
Transfield's chairman Diane Smith-Gander. The company will give its Spanish suitors access to its books as part of takeover discussions.
Transfield's chairman Diane Smith-Gander. The company will give its Spanish suitors access to its books as part of takeover discussions.
An artist's impression of the $6.8 billion East West Link in Melbourne.
An artist's impression of the $6.8 billion East West Link in Melbourne.

Ferrovial chief executive Inigo Meiras has revealed the Spanish company's $1 billion takeover bid for Transfield Services is part of a bigger strategy to give the infrastructure group exposure to the Chinese economy as European growth stagnates.

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