FCC Wants Guggenheim Partners As Financial Ally

Businessn.a. ♦ Published: May 24, 2013; 12:53 ♦ (Vindobona)

With debts having amounted to more than € 8bn, Spanish parent company of Alpine is now looking for potential financial partners.

FCC Wants Guggenheim Partners As Financial Ally / Picture: © Vindobona.org

Not only Austrian Construction Company Alpine seems to struggle financially from time to time but also Spanish parent company FCC (Formento de Construcciones y Contratas) is currently working on the realization of strategic restructuring measures. FCC does not want to part with core company units but is looking for financially strong partners.

As reported in the economic newpaper…