Shareholders continue to fight Cintra merger

The UK’s Universities Superannuation Scheme along with CP2, Gartmore Investments, Magellan Asset Management, New Jersey Division of Investment and rpmi Railpen Investments -which together own 4% of Spanish toll road operator Cintra - have signed a new shareholder agreement underlining "deep concerns" about plans to merge it with Cintra’s parent company, Ferrovial.