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Hochtief says plans IPO for concessions unit this year.Germany
http://www.reuters.com/article/rbssIndustryMaterialsUtilitie...
Submitted by jsmith 2 weeks, 4 days, 14 hours ago
German construction company Hochtief (HOTG.DE) said it plans to list its Hochtief Concessions AG unit on the Frankfurt stock exchange this year. If "suitable capital market environment exists", the initial public offering will take place before the end of 2009, the company said late Wednesday.
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