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. Join discussion...

Hochtief, Germany's largest builder, expects to get less than 1 billion euros ($1.47 billion) from the possible sale of shares in its Concessions unit, several people with knowledge of the matter said. Join discussion...

IL&FS wants to raise around Rs 700 crore by taking its surface transportation arm, IL&FS Transportation Network, to the bourses. Anumeet Kaur Bisen reports. IL&FS Transport Network, India's largest private sector player engaged in the build-operate-transfer (BOT) model for roads and highways wants to raise Rs 700 crore. For this, it plans to list on the stock exchanges. The move will involve private equity fund Trinity Capital selling its entire 2.5% in the company. Join discussion...

In what would be the world’s largest initial public offering in more than a year, China State Construction Engineering Corporation plans to raise as much as 50.2 billion yuan ($7.3 billion), Bloomberg News reports. Join discussion...

Shares in Macquarie Infrastructure Group have slumped more than 8 per cent after the tollroad operator said it has yet to finalise plans that could lead to a major overhaul. The release of several downbeat analyst reports in recent weeks has promoted some speculation the debt-heavy tollroad operator was nearing an asset sale or planning a capital raising. Join discussion...