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Atlantia SpA (ATL.MI)

ATL.MI on Milan Stock Exchange

27.07EUR
11:36am EDT
Change (% chg)

€-0.46 (-1.67%)
Prev Close
€27.53
Open
€27.50
Day's High
€27.54
Day's Low
€26.68
Volume
3,545,727
Avg. Vol
2,116,317
52-wk High
€27.69
52-wk Low
€19.30

Latest Key Developments (Source: Significant Developments)

Spain's Criteria says will not weigh in on Atlantia offer until Abertis does
Thursday, 15 Jun 2017 12:33pm EDT 

June 15 (Reuters) - Abertis Infraestructuras Sa ::Spain's Criteria says will not comment on Atlantia's bid for Abertis until Abertis has its say.Criteria is a shareholder in Abertis.  Full Article

Atlantia intends to keep Abertis on the stock exchange
Thursday, 15 Jun 2017 11:56am EDT 

June 15 (Reuters) - ATLANTIA SPA ::SAYS IN PROSPECTUS THAT IT INTENDS TO MAINTAIN THE HEADQUARTERS AND DECISION CENTER OF ABERTIS.SAYS ITS BID PRICE OVER ABERTIS IS FAIR, INCLUDES VALUATION OF INDEPENDENT EXPERT.SAYS MAY LATER RESIGN FROM ISSUING SHARES AND CARRY OUT THE OFFER IN CASH ONLY.SAYS INTENDS TO KEEP ABERTIS ON THE STOCK EXCHANGE WITH AT LEAST 5 PERCENT FREE FLOAT.SAYS TO PRESENT CNMV WITH BANK GUARANTEES FOR UP TO 14.7 BILLION EUROS TO COVER THE OFFER.SAYS THAT IT INTENDS TO MEET "STRATEGIC INTERESTS OF SPAIN" IN RELATION TO HISPASAT.ABERTIS SAYS REITERATES THAT IT WILL NOT ISSUE AN OPINION ON THE OFFER FROM ATLANTIA UNTIL IT'S APPROVED AND IN PROGRESS.  Full Article

Atlantia chairman says price offered for Abertis judged as fair by markets
Tuesday, 13 Jun 2017 05:38am EDT 

June 13 (Reuters) - Atlantia Chairman Fabio Cerchiai tells journalists on the sidelines of an event in Milan::price offered for Spanish rival Abertis has been judged as fair by markets.  Full Article

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

Italy - Factors to watch on Sept. 19

The following factors could affect Italian markets on Tuesday.