Latham & Watkins advised Ferrovial in connection with the admission to a direct listing and trading of the company’s ordinary shares on the Nasdaq Global Select Market. The shares trade under the ticker symbol FER.
Ferovial is engaged in the development and management of sustainable infrastructure.
Latham previously advised Ferrovial in its re-domiciliation from Spain to the Netherlands via reverse merger by absorption and the admission of Ferrovial’s ordinary shares to listing and trading on Euronext Amsterdam, resulting from the merger. Ferrovial’s ordinary shares started trading on Euronext Amsterdam and the Madrid, Barcelona, Bilbao, and Valencia Stock Exchanges in June 2023.
As a result of the transaction, Ferrovial will now be triple listed on the Madrid, Barcelona, Bilbao, and Valencia Stock Exchanges, Euronext Amsterdam, and Nasdaq. Ferrovial will be the first company of Spanish origin in the IBEX 35 index to list its ordinary shares on Nasdaq. The additional listing is expected to facilitate increased share ownership by infrastructure investors in the US, a market where Ferrovial has been present for over 20 years, and where it maintains a substantial portfolio of infrastructure assets. Read more.
