Madrid, (EFE).- The Secretary of State for the Economy, Gonzalo García Andrés, has guaranteed by letter to the CEO of Ferrovial, Ignacio Madridejos, that the company will be able to list on the New York Stock Exchange without the need to transfer its parent company to Countries Low.
Three days before Ferrovial’s shareholders vote on the transfer, the Government asks him to transfer it to the shareholders at the General Meeting next Thursday.
The Executive thus continues to press for the president, Rafael del Pino, to reverse his decision.
In the letter, to which El País has had access, the ‘number two’ of the Ministry of Economic Affairs informs Madridejos that the analyzes carried out by Bolsas y Mercados Españoles (BME), the National Securities Market Commission (CNMV) and the Ministry itself conclude that it is not necessary to transfer the headquarters to be listed directly on Wall Street.
When Ferrovial announced at the end of February its intention to move its headquarters from Spain to the Netherlands, it argued, among other reasons, that the relocation of its parent company would facilitate the process of going public in the US.
From the infrastructure company they have confirmed to EFE that they have received the letter, but have declined to make any comment.