Atlantia to Assess ACS Proposal for ASPI Stake

   By Mauro Orru

Atlantia SpA said Thursday that it would assess a proposal it has received from Spanish construction company Actividades de Construccion y Servicios SA to acquire a stake in toll road operator Autostrade per l'Italia, known as ASPI.

The Italian infrastructure operator said it received an expression of interest from ACS in a consortium with other Italian and international investors for a stake in ASPI.

"Atlantia's board of directors, also taking into consideration today's new proposal from the ACS group, will continue its assessment in subsequent meetings, to be called in the coming days, to as to take the necessary decisions on the matter," Atlantia said in a statement.

The company said it is also evaluating a binding offer from a consortium of CDP Equity SpA, Blackstone Infrastructure Advisors LLC and Macquarie Infrastructure and Real Assets (Europe) Limited.

The consortium submitted an offer on March 31 to acquire Atlantia's entire 88% stake in ASPI.

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

(END) Dow Jones Newswires

April 08, 2021 13:09 ET (17:09 GMT)

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