Atlantia: insufficient CDP offer, longer due diligence – Ultima Ora

12/29/2020 Italy

[ad_1]

(ANSA) – MILAN, DECEMBER 28 – The Board of Directors of Atlantia examined the offer regarding the total stake (88.06%) of Autostrade per l’Italia, received on December 23 from CDP Equity, Blackstone Infrastructure Advisors LLC and Macquarie Infrastructure and Real Assets and effectively rejected it.

This was stated in a press release from Atlantia, which nonetheless accepted an extension of CDP’s due diligence on Aspi until the end of January.

The offer, in addition to being not yet binding and less than the expectations of the Board of Directors, contains, among other things, a valuation of 100% of ASPI’s equity value below the range indicated by the CDP Consortium itself in previous communications of 19 and October 27 and, however, it is still subject to possible additional adjustments after the completion of the due diligence, which according to the indications of the CDP Consortium should be completed by the end of January 2021 ”, explains Atlantia in the note at the end of the Board of administration.

However, the Board confirmed to the CDP Consortium its willingness to evaluate a possible binding offer for the shareholding held in ASPI, provided that, as has been repeatedly reiterated in previous offers, it responds to the social interest ”, concludes Atlantia. (HANDLE).

Get the embed code
</p> <footer>  </p> <p>  </p> <style><![CDATA[<![CDATA[ .my_adsense{ width:100%; text-align:center; margin:0 0 10px;} ]]]]><![CDATA[>]]></style> <p>  </p> <p> <br/>  </p> </footer></div> <p><script type="text/javascript"> var disableComment = true; var showComment = false;</p> <p> (function(d, s, id) { if (!disableComment && !isMobile.any()) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "https://connect.facebook.net/it_IT/all.js#xfbml=1&appId=514987508589175"; fjs.parentNode.insertBefore(js, fjs); } else if (!showComment){ $('.social-comments').hide(); } }(document, 'script', 'facebook-jssdk')); </script><br/> <br/>[ad_2] </div> <div class="clear"></div> </div> <script type="application/ld+json" class="tie-schema-graph">{"@context":"http:\/\/schema.org","@type":"NewsArticle","dateCreated":"2020-12-29T03:15:11+00:00","datePublished":"2020-12-29T03:15:11+00:00","dateModified":"2020-12-29T03:15:11+00:00","headline":"Atlantia: insufficient CDP offer, longer due diligence – Ultima Ora","name":"Atlantia: insufficient CDP offer, longer due diligence – Ultima Ora","keywords":[],"url":"https:\/\/tricksfast.com\/italy\/atlantia-insufficient-cdp-offer-longer-due-diligence-ultima-ora\/","description":"[ad_1] (ANSA) - MILAN, DECEMBER 28 - The Board of Directors of Atlantia examined the offer regarding the total stake (88.06%) of Autostrade per l'Italia, received on December 23 from CDP Equity, Black","copyrightYear":"2020","publisher":{"@id":"#Publisher","@type":"Organization","name":"TricksFast","logo":{"@type":"ImageObject","url":"https:\/\/tricksfast.com\/italy\/wp-content\/themes\/sahifa\/images\/logo@2x.png"}},"sourceOrganization":{"@id":"#Publisher"},"copyrightHolder":{"@id":"#Publisher"},"mainEntityOfPage":{"@type":"WebPage","@id":"https:\/\/tricksfast.com\/italy\/atlantia-insufficient-cdp-offer-longer-due-diligence-ultima-ora\/","breadcrumb":{"@id":"#crumbs"}},"author":{"@type":"Person","name":"admin","url":"https:\/\/tricksfast.com\/italy\/author\/tricksfast52_d7h0j8u8\/"},"articleSection":"Italy","articleBody":"\r\n[ad_1]\r\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\n\n \n \n \n \n \n \n \n (ANSA) - MILAN, DECEMBER 28 - The Board of Directors of Atlantia examined the offer regarding the total stake (88.06%) of Autostrade per l'Italia, received on December 23 from CDP Equity, Blackstone Infrastructure Advisors LLC and Macquarie Infrastructure and Real Assets and effectively rejected it. \n\t\t\t\tThis was stated in a press release from Atlantia, which nonetheless accepted an extension of CDP's due diligence on Aspi until the end of January. \n\t\t\t\tThe offer, in addition to being not yet binding and less than the expectations of the Board of Directors, contains, among other things, a valuation of 100% of ASPI's equity value below the range indicated by the CDP Consortium itself in previous communications of 19 and October 27 and, however, it is still subject to possible additional adjustments after the completion of the due diligence, which according to the indications of the CDP Consortium should be completed by the end of January 2021 \u201d, explains Atlantia in the note at the end of the Board of administration. \n\t\t\t\tHowever, the Board confirmed to the CDP Consortium its willingness to evaluate a possible binding offer for the shareholding held in ASPI, provided that, as has been repeatedly reiterated in previous offers, it responds to the social interest \u201d, concludes Atlantia. (HANDLE). \n\t\t\t\t \n\n\n \n \n\t\t\t\t\t\t\t\t\tREPRODUCTION RESERVED \u00a9 Copyright ANSA\n\n\t\t\t\t\t\t\t\t\t\n]]>\n\n\n\n\n\n\n\n\n\n\tGet the embed code\n\t\n\n\n \n \r\n\t\t\t\t\t\t\t\t\t\t \n\t\t \n \n \n \n\n \n\n\t\t \n \n \n \n\n]]>\n\n\n\n\n \n\n \n \n\n \n \n \n \n \n\r\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\nvar disableComment = true;\nvar showComment = false;\n\n\t(function(d, s, id) {\n\t\tif (!disableComment && !isMobile.any()) {\n\t\t\t\tvar js, fjs = d.getElementsByTagName(s)[0];\n\t\t\t\tif (d.getElementById(id))\n\t\t\t\t\treturn;\n\t\t\t\tjs = d.createElement(s);\n\t\t\t\tjs.id = id;\n\t\t\t\tjs.src = \"https:\/\/connect.facebook.net\/it_IT\/all.js#xfbml=1&appId=514987508589175\";\n\t\t\t\tfjs.parentNode.insertBefore(js, fjs);\n\t\t} else if (!showComment){\n\t\t\t$('.social-comments').hide();\n\t\t}\n\t}(document, 'script', 'facebook-jssdk'));\t\t\n\r\n[ad_2]"}</script> </article> <section id="related_posts"> <div class="block-head"> <h3>Related Articles</h3><div class="stripe-line"></div> </div> <div class="post-listing"> <div class="related-item"> <div class="post-thumbnail"> <a href="https://tricksfast.com/italy/juve-the-kulusevski-problem-can-no-longer-be-ignored-besides-the-mistake-what-is-the-point-of-this-team/"> <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" style="background:url(https://cdn.ilbianconero.com/images/2021-04/kulusevski.juve.torino.2021.1080x648.jpg) no-repeat center center;-webkit-background-size:cover;-moz-background-size:cover;-o-background-size:cover;background-size:cover;width:310px;height:165px" class="attachment-tie-medium wp-post-image nelioefi" alt=""/> <span class="fa overlay-icon"></span> </a> </div> <h3><a href="https://tricksfast.com/italy/juve-the-kulusevski-problem-can-no-longer-be-ignored-besides-the-mistake-what-is-the-point-of-this-team/" rel="bookmark">Juve, the ‘Kulusevski problem’ can no longer be ignored: besides the mistake, what is the point of this team?</a></h3> <p class="post-meta"><span class="tie-date"><i class="fa fa-clock-o"></i>04/04/2021</span></p> </div> <div class="related-item"> <div class="post-thumbnail"> <a href="https://tricksfast.com/italy/orange-area-veneto-marche-and-trento-campania-and-liguria-in-red-with-seven-other-regions-luca-zaia-i-reopen-the-schools/"> <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" style="background:url(https://www.ilmessaggero.it/photos/MED/33/79/5873379_2104_venezia_1600_gli.jpg) no-repeat center center;-webkit-background-size:cover;-moz-background-size:cover;-o-background-size:cover;background-size:cover;width:310px;height:165px" class="attachment-tie-medium wp-post-image nelioefi" alt=""/> <span class="fa overlay-icon"></span> </a> </div> <h3><a href="https://tricksfast.com/italy/orange-area-veneto-marche-and-trento-campania-and-liguria-in-red-with-seven-other-regions-luca-zaia-i-reopen-the-schools/" rel="bookmark">Orange area Veneto, Marche and Trento. Campania and Liguria in red with seven other regions. Luca Zaia: “I reopen the schools”</a></h3> <p class="post-meta"><span class="tie-date"><i class="fa fa-clock-o"></i>04/04/2021</span></p> </div> <div class="related-item"> <div class="post-thumbnail"> <a href="https://tricksfast.com/italy/schedule-program-tv-streaming-where-to-watch-it-oa-sport/"> <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" style="background:url(https://www.oasport.it/wp-content/uploads/2021/04/Sinner-Lapresse-1.jpg) no-repeat center center;-webkit-background-size:cover;-moz-background-size:cover;-o-background-size:cover;background-size:cover;width:310px;height:165px" class="attachment-tie-medium wp-post-image nelioefi" alt=""/> <span class="fa overlay-icon"></span> </a> </div> <h3><a href="https://tricksfast.com/italy/schedule-program-tv-streaming-where-to-watch-it-oa-sport/" rel="bookmark">schedule, program, TV, streaming, where to watch it – OA Sport</a></h3> <p class="post-meta"><span class="tie-date"><i class="fa fa-clock-o"></i>04/04/2021</span></p> </div> <div class="clear"></div> </div> </section> <div id="comments"> <div class="clear"></div> </div> </div> <aside id="sidebar"> <div class="theiaStickySidebar"> <div id="ads300_250-widget-2" class="e3lan-widget-content e3lan300-250"> <div class="e3lan-cell"> <script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script>  <ins class="adsbygoogle" style="display:block" data-ad-client="ca-pub-8874960118788929" data-ad-slot="7504690974" data-ad-format="auto" data-full-width-responsive="true"></ins> <script>(adsbygoogle=window.adsbygoogle||[]).push({});</script> </div> </div> <div id="posts-list-widget-2" class="widget posts-list"><div class="widget-top"><h4>Recent Posts </h4><div class="stripe-line"></div></div> <div class="widget-container"> <ul> <li> <div class="post-thumbnail"> <a href="https://tricksfast.com/italy/juve-the-kulusevski-problem-can-no-longer-be-ignored-besides-the-mistake-what-is-the-point-of-this-team/" rel="bookmark"><img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" style="background:url(https://cdn.ilbianconero.com/images/2021-04/kulusevski.juve.torino.2021.1080x648.jpg) no-repeat center center;-webkit-background-size:cover;-moz-background-size:cover;-o-background-size:cover;background-size:cover;width:110px;height:75px" class="attachment-tie-small wp-post-image nelioefi" alt=""/><span class="fa overlay-icon"></span></a> </div> <h3><a href="https://tricksfast.com/italy/juve-the-kulusevski-problem-can-no-longer-be-ignored-besides-the-mistake-what-is-the-point-of-this-team/">Juve, the ‘Kulusevski problem’ can no longer be ignored: besides the mistake, what is the point of this team?</a></h3> <span class="tie-date"><i class="fa fa-clock-o"></i>04/04/2021</span> </li> <li> <div class="post-thumbnail"> <a href="https://tricksfast.com/italy/employee-boom-in-the-us-bidens-america-is-back-in-the-race/" rel="bookmark"><img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" style="background:url(https://i2.res.24o.it/images2010/2021/04/ADqSZ3UB/images/d5ccc73e-93bd-11eb-98f3-bb492b37daae-fotohome0.jpg) no-repeat center center;-webkit-background-size:cover;-moz-background-size:cover;-o-background-size:cover;background-size:cover;width:110px;height:75px" class="attachment-tie-small wp-post-image nelioefi" alt=""/><span class="fa overlay-icon"></span></a> </div> <h3><a href="https://tricksfast.com/italy/employee-boom-in-the-us-bidens-america-is-back-in-the-race/">Employee boom in the US, Biden’s America is back in the race</a></h3> <span class="tie-date"><i class="fa fa-clock-o"></i>04/04/2021</span> </li> <li> <div class="post-thumbnail"> <a href="https://tricksfast.com/italy/covid-the-red-zone-of-calabria-confirmed-even-after-easter/" rel="bookmark"><img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" style="background:url(http://www.lametino.it/images/stories/primo-week-end-da-zona-rossa-ristorante_0108d_95750_939e9.jpg) no-repeat center center;-webkit-background-size:cover;-moz-background-size:cover;-o-background-size:cover;background-size:cover;width:110px;height:75px" class="attachment-tie-small wp-post-image nelioefi" alt=""/><span class="fa overlay-icon"></span></a> </div> <h3><a href="https://tricksfast.com/italy/covid-the-red-zone-of-calabria-confirmed-even-after-easter/">Covid, the red zone of Calabria confirmed even after Easter</a></h3> <span class="tie-date"><i class="fa fa-clock-o"></i>04/04/2021</span> </li> <li> <div class="post-thumbnail"> <a href="https://tricksfast.com/italy/orange-area-veneto-marche-and-trento-campania-and-liguria-in-red-with-seven-other-regions-luca-zaia-i-reopen-the-schools/" rel="bookmark"><img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" style="background:url(https://www.ilmessaggero.it/photos/MED/33/79/5873379_2104_venezia_1600_gli.jpg) no-repeat center center;-webkit-background-size:cover;-moz-background-size:cover;-o-background-size:cover;background-size:cover;width:110px;height:75px" class="attachment-tie-small wp-post-image nelioefi" alt=""/><span class="fa overlay-icon"></span></a> </div> <h3><a href="https://tricksfast.com/italy/orange-area-veneto-marche-and-trento-campania-and-liguria-in-red-with-seven-other-regions-luca-zaia-i-reopen-the-schools/">Orange area Veneto, Marche and Trento. Campania and Liguria in red with seven other regions. Luca Zaia: “I reopen the schools”</a></h3> <span class="tie-date"><i class="fa fa-clock-o"></i>04/04/2021</span> </li> <li> <div class="post-thumbnail"> <a href="https://tricksfast.com/italy/schedule-program-tv-streaming-where-to-watch-it-oa-sport/" rel="bookmark"><img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" style="background:url(https://www.oasport.it/wp-content/uploads/2021/04/Sinner-Lapresse-1.jpg) no-repeat center center;-webkit-background-size:cover;-moz-background-size:cover;-o-background-size:cover;background-size:cover;width:110px;height:75px" class="attachment-tie-small wp-post-image nelioefi" alt=""/><span class="fa overlay-icon"></span></a> </div> <h3><a href="https://tricksfast.com/italy/schedule-program-tv-streaming-where-to-watch-it-oa-sport/">schedule, program, TV, streaming, where to watch it – OA Sport</a></h3> <span class="tie-date"><i class="fa fa-clock-o"></i>04/04/2021</span> </li> </ul> <div class="clear"></div> </div></div> <div id="ads300_250-widget-3" class="e3lan-widget-content e3lan300-250"> <div class="e3lan-cell"> <script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script>  <ins class="adsbygoogle" style="display:block" data-ad-client="ca-pub-8874960118788929" data-ad-slot="7504690974" data-ad-format="auto" data-full-width-responsive="true"></ins> <script>(adsbygoogle=window.adsbygoogle||[]).push({});</script> </div> </div> </div> </aside> <div class="clear"></div> </div> <div class="e3lan e3lan-bottom"> <script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script>  <ins class="adsbygoogle" style="display:block" data-ad-client="ca-pub-8874960118788929" data-ad-slot="7504690974" data-ad-format="auto" data-full-width-responsive="true"></ins> <script>(adsbygoogle=window.adsbygoogle||[]).push({});</script> </div> <div class="clear"></div> <div class="footer-bottom"> <div class="container"> <div class="alignright"> Designed by <a href="https://brasla.com/">Tricksfast Solutions</a> </div> <div class="alignleft"> © Copyright 2025, All Rights Reserved </div> <div class="clear"></div> </div> </div> </div> </div> </div> <div id="topcontrol" class="fa fa-angle-up" title="Scroll To Top"></div> <div id="fb-root"></div> <script type='text/javascript' id='tie-scripts-js-extra'>//<![CDATA[ var tie={"mobile_menu_active":"true","mobile_menu_top":"","lightbox_all":"","lightbox_gallery":"","woocommerce_lightbox":"","lightbox_skin":"dark","lightbox_thumb":"vertical","lightbox_arrows":"","sticky_sidebar":"1","is_singular":"1","reading_indicator":"","lang_no_results":"No Results","lang_results_found":"Results Found"}; //]]></script> <script type='text/javascript' src='https://tricksfast.com/italy/wp-content/themes/sahifa/js/tie-scripts.js' id='tie-scripts-js'></script> <script type='text/javascript' src='https://tricksfast.com/italy/wp-content/themes/sahifa/js/ilightbox.packed.js' id='tie-ilightbox-js'></script> </body> </html>