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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's Board Says Blackstone-Benetton Buyout Bid Is Fair

05/10/2022 12:38pm

Dow Jones News


Atlantia (BIT:ATL)
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By Pierre Bertrand

 

Atlantia SpA said Wednesday that its board of directors deems a takeover offer launched by U.S. fund Blackstone Inc. and Italy's Benetton family as fair from a financial standpoint.

The two parties, via their Schema Alfa SpA investment vehicle, have offered to buy out the Italian infrastructure company for around 12.7 billion euros ($12.68 billion), or EUR23 a share.

The bidders plan to delist the company following the purchase.

 

Write to Pierre Bertrand at pierre.bertrand@wsj.com

 

(END) Dow Jones Newswires

October 05, 2022 07:23 ET (11:23 GMT)

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

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