Reuters logo
Atlantia will not discuss Abertis deal on Thursday: sources
April 27, 2017 / 1:23 PM / 8 months ago

Atlantia will not discuss Abertis deal on Thursday: sources

ROME (Reuters) - A board meeting of Italian infrastructure group Atlantia (ATL.MI) on Thursday will not discuss a possible takeover bid for Spanish rival Abertis (ABE.MC), sources close to the matter said.

    The board will instead review the sale of a minority stake in Atlantia’s motorway unit Autostrade per l‘Italia, the sources said.

    The infrastructure investment arm of insurer Allianz (ALVG.DE) and three other suitors are vying for a 15 percent stake in Autostrade per l‘Italia, sources have said. Atlantia could fetch more than 2 billion euros from the sale.

    Reporting by Stefano Bernabei; writing by Francesca Landini

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below