Spanish conglomerate Ferrovial

Spanish conglomerate Ferrovial, which recently succeeded in a takeover bid for Broadspectrum, formerly known as Transfield, the company that runs the Manus Island and Nauru detention centres, has implied that it will not seek a further contract to run the centres. In a statement Ferrovial noted that providing services at regional processing centres was not a "core part of the acquisition rationale and valuation and it is not a strategic activity in Ferrovial's portfolio. Ferrovial's view is that this will not form part of its services offering in the future."