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Atlantia SpA (ATL.MI)

ATL.MI on Milan Stock Exchange

24.38EUR
29 May 2017
Change (% chg)

€-0.21 (-0.85%)
Prev Close
€24.59
Open
€24.50
Day's High
€24.59
Day's Low
€24.32
Volume
114,560
Avg. Vol
2,445,604
52-wk High
€25.30
52-wk Low
€19.30

Latest Key Developments (Source: Significant Developments)

Atlantia says Spain's mkt regulator could take months to give view on Abertis deal
Wednesday, 24 May 2017 07:00am EDT 

May 24 (Reuters) - Atlantia Chief Financial Officer Giancarlo Guenzi says: :company has until mid-June to present a prospectus on its planned takeover of Abertis to the Spanish market regulator.says Spanish regulator then usually takes 2-3 months to make a decision.  Full Article

Spain's Criteria says won't comment on Atlantia-Abertis for 3-4 weeks
Wednesday, 17 May 2017 03:02am EDT 

May 17 (Reuters) - Spain's Criteria spokesman::Says the bank will not make an announcement on the Atlantia <<>> bid for Spain's Abertis <<>> for "three or four weeks".Says a final decision could take weeks, or even months.  Full Article

Atlantia CEO says no accord yet with Criteria on Abertis bid
Monday, 15 May 2017 07:11am EDT 

May 15 (Reuters) - Atlantia Chief Executive Giovanni Castellucci tells analysts call::Had intense contacts with Abertis's top shareholder Criteria before announcing bid.Will need to sell "for sure" 4 percent of Cellnex.Asked if there is an agreement with Criteria on the terms of the Abertis deal, says: "There is something different from an agreement".Would have said so if there was an agreement with Criteria .Price offered for Abertis is "good, right, it's not a test".  Full Article

Atlantia says financing package in Abertis deal 14.7 bln euros
Monday, 15 May 2017 06:43am EDT 

May 15 (Reuters) - Atlantia says in slides::Expects to close Abertis deal in Q4 2017.Sees Benetton family's Edizione holding company owning 25.5 percent of new group, Abertis shareholders 16.4 percent assuming a cash/stock mix consideration of 77/23 percent and take-up of 100 percent .Financing facilities in Abertis deal total 14.7 billion euros, including up to 2 billion euro "bridge to disposal" loan ahead of planned sale of Atlantia's minority stakes in ASPI, SAVE and ACA units.Abertis deal's total cash components range from 6.5 billion to 14.7 billion euros depending on take-up of tender offer.New group to have net debt/EBITDA ratio of 4.8 times in 2017 assuming combined 100 percent take-up of tender offer on Abertis.Sees potential for additional dividend per share growth of up to 30 pct from year one on top of current dividend policy .  Full Article

No Abertis response to Atlantia offer in short term says source with knowledge of process
Monday, 15 May 2017 05:04am EDT 

May 15 (Reuters) - Abertis Infraestructuras SA :Abertis will not respond to Monday's Atlantia <<>> offer in the short term says a source with knowledge of the process..Italian infrastructure group Atlantia launched a cash-and-share offer for Abertis on Monday, in a deal that values the Spanish rival at 16.34 billion euros ($18 billion)..  Full Article

Abertis shareholder Criteria does not expect response to Atlantia offer in short term
Monday, 15 May 2017 05:00am EDT 

May 15 (Reuters) - Criteria::Source close to Abertis shareholder, Criteria, says does not expect response to Atlantia <<>> offer in short term..  Full Article

Shares in Atlantia rise in early trade
Wednesday, 26 Apr 2017 03:15am EDT 

April 26 (Reuters) - Italian motorway and airport operator Atlantia::Shares rise 1.1 percent in early trade.the group is likely to decide on Thursday whether to enter exclusive talks with Allianz Capital Partners <<>> over the sale of a minority stake in its motorway unit, Italian daily Il Messaggero reported on Wednesday. .Allianz Capital Partners has offered 2.3 billion euros for the stake, the newspaper said..  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

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UPDATE 1-Spain's Abertis to buy Eutelsat's stake in Hispasat

May 19 French satellite operator Eutelsat has agreed to sell its 33.69 percent stake in Spanish business Hispasat to majority shareholder Abertis for 302 million euros ($336 million).