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Florentino Perez, chairman of ACS Actividades de Construccion y Servicios SA, speaks during a news conference at the ACS headquarters in Madrid, SpAin, on Thursday, March 15, 2018. ACS on Wednesday reached an agreement with rival suitor Atlantia SpA to construct a joint 18.2 billion euro ($22.5 billion) takeover of SpAnish toll-road operator Abertis Infraestructuras SA. Photographer: Angel Navarrete/Bloomberg via Getty Images

Florentino Perez, chairman of ACS Actividades de Construccion y Servicios SA, speaks during a news conference at the ACS headquarters in Madrid, SpAin, on Thursday, March 15, 2018. ACS on Wednesday reached an agreement with rival suitor Atlantia SpA to construct a joint 18.2 billion euro ($22.5 billion) takeover of SpAnish toll-road operator Abertis Infraestructuras SA. Photographer: Angel Navarrete/Bloomberg via Getty Images