agreement with CDP in two steps. Indiscretion



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Atlantia shares in the spotlight following the latest rumors about Autostrade per l’Italia.

As reported by Bloomberg, in fact, The inflection point between the Benetton holding and Cassa Depositi e Prestiti could be upon us.

The stock’s reaction to the latest news about Aspi was immediate: Atlantia shares began the third session of the week with particularly notable increases.

Atlantia shares: close turn with CDP?

According to the rumors cited, the government and the Benetton family are trying to develop a two step solution structured as follows:

  1. 70% divided Autostrade per l’Italia (valued at € 11 billion) from Atlantia;
  2. Capital increase of 6 billion, for CDP and other interested investors.

Even so, according to rumors, which today allowed Atlantia shares to take off already at the beginning of the session, 4 billion euros Proceeds from the transactions could be used for Autostrade’s debt (at least partially) and to buy the remaining stake held by the Benettons after the spin-off.

Synchronization

After Morandi bridge collapse many have started calling for the revocation of concessions from Autostrade per l’Italia. However, time has passed and only with the summer of 2020 the parties have found a basic agreement that has put that hypothesis aside.

Even then, however, resolving the issue did not seem like an easy task. talks continued with the introduction of Cassa Depositi e Prestiti.

More than two years after the collapse of Genoa, therefore, the file has not yet been closed. However, according to the cited rumors, the operations could end in first quarter of the new year.

At the moment, Atlantia shares are reacting to all this with theoretical increases of more than 14% in Milan.

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