Atlantia Closes $8.6 Billion Sale of Toll-Road Operator
May 06 2022 - 3:20AM
Dow Jones News
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)
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