Mundys (formerly: Atlantia SpA) — M&A Activity 2020

Oct 20, 2020

Press Release

ATLANTIA BOD: EXAMINED PRELIMINARY OFFER BY CDP, BLACKSTONE AND MACQUARIE FOR 88% OF ASPI

Rome, 20 October 2020 – Today's Board of Directors of Atlantia SpA, following the announcement made on October 13, examined the preliminary offer letter for the purchase of the entire 88% stake held in Autostrade per l'Italia received in the late evening of 19 October from CDP Equity, The Blackstone Group International Partners and Macquarie Infrastructure and Real Assets.

The BOD, while expressing appreciation for the preparation of the offer, has considered the economic terms and the conditions at this stage as not yet compliant and suitable for ensuring a fair market valuation of its ASPI stake.

Nevertheless, even though the exclusivity period has expired, the BOD resolved to continue in any case the discussions with CDP and its co-investors until 27 October and to reconvene for 28 October in order to evaluate a possible new binding offer.

Investor Relations e-mail: investor.relations@atlantia.it

Mediarelations e-mail: media.relations@atlantia.it