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Abertis Infraestructuras SA (ABE.MC)

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

19 Jan 2018
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€0.16 (+0.82%)
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Latest Key Developments (Source: Significant Developments)

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

Abertis to buy additional 22.52 pct stake in A4 Holding for 125 mln euros
Wednesday, 3 May 2017 02:34am EDT 

May 3 (Reuters) - Abertis Infraestructuras SA ::Says has reached an agreement to acquire an additional 22.52 percent stake in A4 Holding from minority shareholders for a total 125 million euros ($136.5 million).Says this price represents a 10 percent discount versus the price agreed to acquire Abertis initial 51.4 percent stake and is therefore IRR accretive.Says 36 million euros will be paid by end January 2018 and rest by end July 2017.Says as a result of the transaction, Abertis will control 85.36 pct of A4 Holding.  Full Article

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 opens door to sweetening Abertis bid

MILAN/ROME Italian airports and motorway operator Atlantia said on Friday it would call a shareholder meeting to vote on changes to its offer for Spanish rival Abertis , as it seeks to strengthen its hand in a bid battle.