The takeover of Atlanta by the Benettons and Blackstone would be sealed this year, says president
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CERNOBBIO, Italy (Archyde.com) – A takeover of Italian infrastructure group Atlantia by the Benetton family and US fund Blackstone could be completed by the end of the year, its chairman said on Sunday.
The two candidates made a proposal in April of 58 billion euros to take the airport and motorway operator out of the coast, but have not yet formally launched their offer, pending the green light from the supervisory authorities.
“We hope to be able to meet the timetable we have set,” Giampiero Massolo, chairman of Atlanta, told Archyde.com at a business forum.
According to him, the most likely scenario is the launch of an offer in October with an objective of leaving the stock market by the end of the year.
The president of Atlanta has also confirmed his interest in a potential investment in the American highway operator Chicago Skyway.
(Francesco Zecchini, Gilles Guillaume for the French version)
2022-09-04T105327Z_1_LYNXMPEI83031_RTROPTP_1_ATLANTIA-WORKERS.JPG urn:newsml:onlinereport.com:20220904:nRTROPT20220904105327LYNXMPEI83031 LE RACHAT D’ATLANTIA PAR LES BENETTON ET BLACKSTONE SERAIT SCELL CETTE ANNE, DIT PRSIDENT OLFRBUS Archyde.com France Online Report Business News 20220904T105327+0000 20220904T105327+0000