23 February 2021, 3:23 pm. 1 minute
Reuters exclusively reported that Cassa Depositi e Prestiti (CDP) gave the go-ahead to submit an offer to buy Atlantia’s 88% stake in Autostrade per l’Italia unit. According to Reuters sources, the bid would value 100% of Autostrade at 9 billion euros. CDP said the consortium could purchase up to 100% of Autostrade if the motorway company’s minority shareholders – Germany’s Allianz and funds DIF, EDF Invest and China’s Silk Road Fund – exercise their right to sell their 12% under the same conditions that will be accepted by Atlantia.
Topics of Interest: Automotive
Type: Reuters Best
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story