INFR - Why Infrastructure Company Ferrovial Shares Are Falling Today | Benzinga
Ferrovial SE (NASDAQ:FER) shares are trading lower after the company divested a 5% stake in Indian firm IRB Infrastructure Developers (IRB) through its subsidiary Cintra.
The transaction amounted to EUR214 million, based on a EUR/INR exchange rate of 89.72.
The sale was conducted as a block deal or placement of 301.9 million shares with institutional investors on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) ...