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Mundys (formerly: Atlantia SpA)
M&A Activity • Mar 16, 2021
6228_rns_2021-03-16_79baae1f-0672-4c06-9b64-742f58a91472.pdf
M&A Activity
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Press Release
BOD EXTENDS THE TERM FOR A REVISED OFFER ON THE 88% OF ASPI
Rome, 16 March 2021 – Today's meeting of the Board of Directors of Atlantia SpA acknowledged the proposal received via a letter dated 12 March 2021 by the consortium composed of CDP Equity SpA, The Blackstone Group International Partners LLP and Macquarie Infrastructure and Real Assets Limited to extend until 27 March 2021 the validity period of the binding offer for the purchase of the entire 88% stake held by Atlantia in Autostrade per l'Italia SpA presented on 24 February.
The Board of Directors has accepted such proposal with the aim to assess the potential for the necessary substantial improvements, indicating that, in the event of concrete developments, the new offer should have a validity period such that the Board, having confirmed the same offer is in the Company's interests, may submit it to the examination of the Shareholders' Meeting, as envisaged by the demerger plan approved by the Board on 14 December 2020 and by the Shareholders' Meeting held on 15 January 2021.
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