Feb 1 (Reuters) - Ferrovial SA FER.MC :
* Ferrovial has serious concerns about Broadspectrum's target's statement and
the Ernst & Young valuation
* Ernst & young value range is unrealistic and inconsistent with market
benchmarks
* Offeror "has ignored trading prices in the 6 months prior to the offer being
announced"
* There are serious concerns around the post 2016 outlook that Broadspectrum
have not 7 disclosed - post FY 2016
* Offer is not opportunistic and market conditions have been ignored - since
December 9 10 2014
* Ferrovial stands by its cash offer of $1.35 per Broadspectrum share
* Says Broadspectrum ignores significant negative changes since December 2014
* Expect the Broadspectrum share price to fall significantly in the absence of
our takeover offer
* Source text for Eikon ID:nASXbsLzF4
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