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Abertis Infraestructuras SA (ABE.MC)

ABE.MC on Madrid SE C.A.T.S.

27 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Abertis unit in Brazil wins 30-year concession
Wednesday, 26 Apr 2017 03:01am EDT 

April 26 (Reuters) - Abertis Infraestructuras SA ::Says its Brazilian unit Arteris has won a concession of Rodovias dos Calcados for a period of 30 years.Says 353 million euros ($385.7 million) to be paid upon signing of the contract and 65 million euros to be paid upon handover.The project includes an investment plan of about 1.5 billion euros.  Full Article

Abertis Q1 net profit 130 mln euros, below analysts' estimates
Wednesday, 26 Apr 2017 02:51am EDT 

April 26 (Reuters) - Abertis Infraestructuras SA ::Q1 net profit 130 million euros ($142.0 million) versus 147 million euros in Reuters poll.Q1 EBITDA 807 million euros versus 815 million euros in Reuters poll.Q1 revenue 1.28 billion euros versus 1.08 billion euros year ago.  Full Article

Abertis to reach 100 pct stake in French unit Sanef
Monday, 24 Apr 2017 02:40am EDT 

April 24 (Reuters) - Abertis Infraestructuras SA ::Reaches agreement to acquire additional 5.10 percent stake in Holding d'Infrastructures de Transports (HIT) which controls 100 percent of Sanef from CNP for 238 million euros ($257.9 million).As a result of this transaction, will reach up to 100 percent stake in HIT.  Full Article

Atlantia CEO says Abertis' current market price discounts possible deal
Friday, 21 Apr 2017 08:00am EDT 

April 21 (Reuters) - Atlantia's Chief Executive Giovanni Castellucci tells reporters after shareholders' meeting: :does not see need for sale of Abertis assets even in more costly scenarios of a possible deal between two groups.thinks current market price of Spain's Abertis discounts prospects of possible merger.does not see the sale of minority stake in Aeroporti di Roma unit at the moment..  Full Article

Atlantia CEO says confident it can boost future dividends
Friday, 21 Apr 2017 05:49am EDT 

April 21 (Reuters) - Atlantia Chief Executive Giovanni Castellucci says::Confident company can improve dividend payments in coming years.Increase in total dividends could be substantial thanks to fall in cost of debt.  Full Article

Atlantia's motorway traffic in Italy up 3.1 pct in Q1
Friday, 21 Apr 2017 05:31am EDT 

April 21 (Reuters) - Atlantia Chief Executive Giovanni Castellucci says::Q1 motorway traffic up 3.1 percent on its domestic network .traffic at Rome airports up 3.2 percent in first three months of the year. .  Full Article

Atlantia shares drop as market weighs possible Abertis deal
Wednesday, 19 Apr 2017 04:04am EDT 

April 19 (Reuters) - Atlantia::Shares in the Italian infrastructure group erase earlier gains to fall 1 percent by 0800 GMT.The Italian group is looking at the possibility of launching a bid for Spanish rival Abertis nL8N1HQ50L.  Full Article

Atlantia shares up slightly as group mulls bid for Abertis
Wednesday, 19 Apr 2017 03:29am EDT 

April 19 (Reuters) - Atlantia::Shares in the Italian motorway and airport operator rise 1 percent as it mulls a possible bid for Spanish rival Abertis.Abertis said earlier on Wednesday a meeting took place between executives of the two groups where the possibility of a public tender offer was discussed. However, at the moment there is no specific proposal or action plan, Abertis said. nL8N1HR0II.  Full Article

Abertis gives additional information on potential transaction with Atlantia
Wednesday, 19 Apr 2017 01:20am EDT 

April 19 - Abertis Infraestructuras SA ::Says a meeting took place between Abertis and Atlantia executives, together with their respective advisors, in which Atlantia shared its preliminary ideas on the structure of a potential corporate transaction.Amongst the possible alternatives, they commented on the possibility of structuring the transaction as a public tender offer for Abertis shares, with different consideration options, i.e. in cash, shares, and/or a combination of both, without reaching a concrete proposal.Up to date, no possible valuations of Abertis and/or Atlantia have been specified, nor have any transaction prices or other conditions been set.At present, there is no specific proposal or action plan regarding an eventual transaction.Abertis board of directors has not met to deliberate over this subject.  Full Article

Atlantia shares down 3.4 pct after Abertis statement
Tuesday, 18 Apr 2017 10:59am EDT 

April 18 (Reuters) - Italian infrastructure group Atlantia: :shares down 3.4 pct after Spain's Abertis says Atlantia expressed interest in potential corporate transaction.  Full Article

More From Around the Web


Atlantia presses ahead with Abertis tie-up plans after motorway stake sale

LONDON/MILAN Italy's Atlantia has agreed to sell 10 percent of its domestic motorway unit to a series of investors including Allianz for 1.48 billion euros ($1.6 billion) as it presses ahead with plans to bid for Spanish rival Abertis.