On April 23rd Abertis Infraestructuras, Spain's leading toll-road operator, said it would pay with shares worth some €14.3 billion ($17.7 billion) to buy an Italian counterpart.
But Mr. Nogueira Leite, who is also a board member of Brisa, Portugal's leading toll-road operator, estimated that, over the past 15 years, "75 percent of credit has been in some way linked to concrete and the building sector, and that is something that needs radical changing".
A leading European toll road operator, Autoroutes du Sud de la France, and the French government said they planned to raise as much as 2.7 billion euros ($2.4 billion) selling stock in the company.
It will take the world's most educated demographic to put an end to the world's leading death toll and I, being a motivated millennial, embrace this challenge.
However allegations of corruption and arrests of top officials have taken their toll, leading to his decision.
Greece's budget deficit exploded as recession took its toll, leading to a downgrade of its credit rating and a collapse in the price of its bonds.
Pakistan's election campaign has been marred by violence with the death toll leading up to Saturday's vote totalling well over 100.
Even as Ryanair has added routes every few months, Europe's weak economy has taken its toll, leading Mr. O'Leary to issue a warning on profits.
However allegations of corruption and arrests of top Fifa officials have taken their toll, leading to his decision to stand down as soon as a successor can be elected.
Procrastination also took its toll, leading to sometimes overwhelming December traffic at investment houses such as Fidelity, T. Rowe Price, Vanguard Group and Charles Schwab, to name a few.
It takes an emotional toll, leading to a sense of helplessness and hopelessness.
