ACS examines acquisition of 15,000 million Italian Atlantia

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Spanish construction group ACS, headed by Florentino Pérez, is considering taking over the Italian concessionaire Atlantamore than worth 15 billion €but he assures that he has not yet made a decision.

According to the Bloomberg agency, ACS is a takeover offer (takeover bid) By Italian infrastructure concessionaire with whom it has partnered in ACS through ACS since 2018

As a result of the release of this information, ACS has informed the National Securities Market Commission (CNMV) that it has not yet made a decision regarding the acquisition of Atlantia, the owner of the stock at the close of the market. market capitalization More than 15,000 million Euros.

However, ACS has announced that it has an exclusive agreement with international funds. GIP and Brookfield this would allow him to take over most of the highway concession business.

While sources from Atlantia that Efe consulted declined to comment, OppressionThe Benetton family, which controls 33% of Atlantia, explained that “this involvement has been and continues to be strategic over the long term” to the organization.

Atlantia is up 2.45% this Wednesday at €18,995 per share, giving it a market cap of 2.9% by market cap. 15,268 million euros (approximately $16,652.24 million at current exchange rates).

The Italian company is on the road to reorganizing its business after several years of tension due to the collapse of the Italian State. Morandi bridge An incident that killed 43 people in Genoa in 2018, pursued by its subsidiary Autostrade per l’Italia (ASPI).

In June 2021, Atlantia approved the sale of its 88.06% stake. ASPI to a consortium formed by the Italian public bank Cassa Deposit e Prestige (CDP) and two international investment funds, an operation that will provide Atlantia resources worth around 8,000 million euros.

At the beginning of the year, Atlantia announced an agreement with the Siemens group to purchase the traffic management system. Yunex Traffic For 950 million euros; In March, it announced an investment of 35 million euros in a round of financing from the German urban air transport company Volocopter. ACS and Atlantia submitted a joint takeover offer for Abertis in 2018, after the Italians tried to single-handedly buy the Spanish company a year ago.

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