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Cdp entry in aspi contextual to IPO, market operation

2020-07-26T15:52:30.818Z


The entry of Cdp and the other future partners into Autostrade per l'Italia will not take place in steps, as initially envisaged, but will be contextual to the IPO with which Aspi will be listed on the stock exchange. (HANDLE)


(ANSA) - ROME, JULY 26 - The entry of Cdp and other future shareholders into Autostrade per l'Italia will not take place in steps, as initially envisaged, but will be contextual to the IPO with which Aspi will be listed on the stock exchange. This, according to ANSA from sources close to the operation, the scheme envisaged in the Memorandum of understanding, now in the hands of Atlantia, which received it on Friday, but for which a date has not yet been set. A pattern, the same sources explain, which thus guarantees a totally market operation: in fact, the evaluation of the company will not be done ex ante, the market will decide the valuation and quality of the assets. The entry of the same CDP, the sources explain, will therefore take place at the prices of the IPO. (HANDLE).

Source: ansa

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