ATL Atlantia

   By Pietro Lombardi 
 

Spanish construction company Actividades de Construccion y Servicios SA has confirmed its interest in acquiring Atlantia SpA's stake in toll road operator Autostrade per l'Italia with an estimated enterprise value of between 9 billion and 10 billion euros ($10.73 billion-$11.92 billion).

The Spanish company said Friday that it, along with other possible investors such as Italy's state lender Cassa Depositi e Prestiti, is interested in buying Atlantia's 88% stake in Autostrade per l'Italia.

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

Write to Pietro Lombardi at pietro.lombardi@wsj.com; @pietrolombard10

(END) Dow Jones Newswires

April 09, 2021 02:53 ET (06:53 GMT)

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