Atlantia set to be delisted as buyout bid reaches 90% threshold
MILAN (Reuters) -A buyout offer launched by the Benetton family and U.S. investment fund Blackstone for Italy’s Atlantia has reached the 90% threshold for the deal to proceed and trigger the company’s…
Benetton, Blackstone on track to secure Italy’s nod for Atlantia bid – sources
By Giuseppe Fonte and Francesca Landini ROME – The Benetton family and U.S. fund Blackstone are on track to secure the green light from the Italian government for their takeover offer for…
Benetton, Blackstone seek green light from Italy’s govt for Atlantia bid
By Giuseppe Fonte and Francesca Landini ROME – The Benetton family and U.S. fund Blackstone have notified the Italian government about their takeover offer for Atlantia to secure Rome’s green light before…
Benettons change name of Atlantia bid vehicle after Genoa backlash
MILAN – Italy’s Benetton family will change the name of the investment vehicle bidding to take control of Italian infrastructure group Atlantia after protests on behalf of the victims of the 2018…
Benettons, Blackstone set to launch bid for Atlantia late summer – sources
MILAN – The Benetton family and U.S. fund Blackstone are expected to launch their 58 billion euro ($61 billion) bid for Italy’s Atlantia at the end of the summer, three sources said,…
Benetton team working on premium of around 30% to buy out Atlantia – sources
By Francesca Landini and Stephen Jewkes MILAN – The Benetton family and U.S. investment fund Blackstone are working on a premium of around 30% over Atlantia’s average stock price in the last…
Benettons rule out any transaction involving break-up of Atlantia – source
MILAN – The Benettons, who control Atlantia with a 33% stake, are united in ruling out any transaction that would involve a break-up of the Italian infrastructure group, one source close to…
Atlantia sees 27% rise in profit to 2024 as it opens new chapter
By Francesca Landini and Valentina Za MILAN – Italy’s Atlantia expects its core profit to rise by 27% by 2024, it said on Friday, as traffic on motorways and in airports it…
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