OHLA - comment

This is the final legacy arbitration case in Algeria for OHLA, and the settlement is for around half what we had modelled. Algeria will pay €38m (€18m cash, €20m guarantee release). Our model had assumed a recovery of €100m from a claim of €200m. OHLA will be happy to exit this dispute, albeit with less cash than demanded, given the management time consumed by litigation. 

https://www.eleconomista.es/infraestructuras-servicios/noticias/12424517/08/23/ohla-gana-a-argelia-el-arbitraje-por-una-obra-ferroviaria-de-245-millones.html