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Aspi: Atlantia offers two solutions for splitting

2020-08-04T17:25:24.495Z


The Board of Atlantia "has deemed it necessary to identify alternative solutions that are in any case suitable for achieving a separation between the Company and Autostrade per l'Italia, which will give certainty to the market, both in terms of timing and transparency, as well as ... (HANDLE)


(ANSA) - ROME, AUGUST 04 - The Board of Atlantia "has deemed it necessary to identify suitable alternative solutions, however, to add to a separation between the Company and Autostrade perl'Italia, which will give certainty to the market, both in terms of transparency times, as well as the indispensable protection of the rights of all the investors and stakeholders involved ". The group affirms it, explaining that in particular the Board of Directors "had cleared the possibility to proceed: the sale through an international competitive process - managed by independent advisors - of the entire 88% stake held in Autostradeper l'Italia, in which the CDP can participate jointly with other Investors Institutional institutions to his liking, as already suggested in the letter ", or" to the partial and disproportionate demerger of up to 88% of Autostrade perl'Italia by creating a beneficiary vehicle to be quoted on the stock exchange, thus creating a public company that can be contested ". In the six-month period, Atlantia recorded a loss attributable to the group of € 772 million compared to a profit of € 594 million in the same period of 2019. Operating revenues were down € 1.89 billion, -34%, to € 3.714 billion. EBITDA was down 63% to 1.3 billion. Operating investments also fell: -22% to 633 million. (HANDLE).

Source: ansa

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