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| ACS publishes list of candidates for Hochtief Grupo ACS, the Spanish construction company, published its list of candidates for the Hochtief Supervisory Board. ACS will make its proposal for the Supervisory Board election at the general annual shareholders' meeting on May 12, 2011, where all eight supervisory board members representing the shareholders' side stand for election for a regular term of five years. ACS is the largest shareholder in German builder Hochtief, with more than 43.1% of the entire share capital of the company. ACS will continue to increase its shareholding in Hochtief with an unchanged mid-term target of reaching a shareholding of just above 50%. Given the changed ownership structure, ACS is striving for an adequate representation on the Supervisory Board. However, ACS's proposal is a balanced one, since in addition to the four ACS representatives, it also comprises four highly qualified personalities from various industries, which are completely independent of ACS. write your comments about the article :: © 2011 Construction News :: home page |