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ATL Atlantia

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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 -

Atlantia Closes $8.6 Billion Sale of Toll-Road Operator

06/05/2022 8:20am

Dow Jones News


Atlantia (BIT:ATL)
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By Joshua Kirby

 

Atlantia SpA said late Thursday that it has completed the sale of its toll-road business Autostrade per L'Italia for a total consideration of 8.2 billion euros ($8.64 billion).

The Italian infrastructure company agreed last summer to sell its entire stake of just over 88% in the business to a consortium comprising CDP Equity, Blackstone Infrastructure Partners and Macquarie Asset Management. The total sum received by Atlantia includes the ticking fee accrued and minor price adjustments recognised under the terms of the sale agreement, the company said.

 

Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby

 

(END) Dow Jones Newswires

May 06, 2022 03:05 ET (07:05 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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