Madrid (EFE).- The Minister of Finance, María Jesús Montero, has warned that the Government is going to analyze “the fine print” of the transfer of the Ferrovial headquarters to the Netherlands to ensure the interests of Spain and hopes that the company reconsiders its decision because it “never” had reasons to leave”.
In this sense, he has indicated that the Executive does not have to make any proactive decision in the face of this operation, but it does have to see in detail “the fine print” of this transfer to ensure that the interests of the country will be preserved when leaving for another place, has indicated to journalists in the corridors of Congress.
“He never had reasons to leave Spain,” Montero insisted, who has assured that the Government respects the decisions of a private group.
Criticism of Ferrovial’s decision
In this regard, he stressed that it is “bad news” that Ferrovial has decided to move its headquarters since “it has never had reasons and still does not”, and has criticized this decision after what Spanish society has contributed to the company and that its heritage has been built, he pointed out, based on the efforts of all Spaniards and public works.
The minister recalled that the Government has informed the president of Ferrovial, Rafael del Pino, that it does not share the company’s decision. “I wish they would reconsider”, she has stated in this regard.
In addition, he has assured that the Executive never saw that the argument could be the listing on the US Stock Market because it was compatible and that is what other Spanish companies have done, but “it will have to be him (in reference to Del Pino) who explains the true reasons for that transfer.
Ferrovial understands that the transfer of its registered office to the Netherlands does not need any permission from the Government since it is part of the common European space and points out that the anti-takeover shield is designed for takeover bids by foreign companies, not for mergers between two companies in the same group.