We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Atlantia | BIT:ATL | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
By Pietro Lombardi
Italy's Atlantia SpA (ATL.MI) and Spain's Actividades de Construccion y Servicios SA (ACS.MC) have reached a preliminary agreement regarding Abertis Infraestructuras SA (ABE.MC), Atlantia said on Wednesday.
Atlantia didn't provide details of the agreement, which is subject to approval by the company's board of directors. The company said the board will meet Wednesday afternoon to discuss the agreement.
Atlantia and ACS had previously said they were in talks regarding a potential joint bid for toll-road operator Abertis to avoid a costly bidding war.
Earlier this week, Spain's market regulator CNMV approved a takeover bid for Abertis submitted by ACS through its German subsidiary Hochtief AG (HOT.XE).
In October, Hochtief made a cash-and-share offer that values Abertis at about 18.6 billion euros ($22.9 billion), which topped Atlantia's bid valuing it at EUR16.3 billion.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
March 14, 2018 05:36 ET (09:36 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
1 Year Atlantia Chart |
1 Month Atlantia Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions