Broadspectrum Rejects Ferrovial's Final $580 Million Bid

  • Sweetened bid of A$1.50 a share is `best and final' offer
  • Australia's Broadspectrum rejected A$1.35-a-share proposal

Broadspectrum Ltd. rejected a final, sweetened offer of A$769 million ($580 million) from Spain’s Ferrovial SA after the two company’s boards failed to agree on price.

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