ACS Makes EUR10 Billion Approach for Atlantia's Autostrade per l'Italia -FT
--Spanish construction company Actividades de Construccion y
Servicios SA has approached Italian infrastructure operator
Atlantia SpA to buy toll road operator Autostrade per l'Italia, the
Financial Times reports, citing a letter it has obtained.
--ACS is valuing Autostrade per l'Italia, in which Atlantia has
an 88% stake, at between 9 billion euros and 10 billion euros
($10.69 billion to $11.87 billion), the FT reports.
--ACS, Atlantia and Autostrade per l'Italia didn't respond to
request for comment when approached by The Wall Street Journal.
Full story: https://on.ft.com/31U76fQ
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(END) Dow Jones Newswires
April 08, 2021 12:36 ET (16:36 GMT)
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