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RSS FeedsAtlantia sells 10 pct of Italy motorway unit, option to sell further 2.5 pct
(WorldNews Business)

 
 

27 april 2017 20:55:18

 
Atlantia sells 10 pct of Italy motorway unit, option to sell further 2.5 pct
(WorldNews Business)
 


MILAN, April 27 (Reuters) - Italian toll-road group Atlantia said on Thursday it had sold a 10 percent stake in its Italian motorway unit to a series of investors including Allianz . Atlantia, which runs more than 5,000 kms in toll motorways, said the total equity value for the whole of its Autostrade per l`Italia (ASPI) unit was 14.8 billion euros ($16 billion). In a statement, the Italian infrastructure group said it had agreed to sell...


 
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