(ANSA) - MILAN, 28 DEC - The Board of Directors of Atlantia examined the offer relating to the inter-holding (88.06%) held in Autostrade per l'Italia, received on 23 December from CDP Equity, BlackstoneInfrastructure Advisors LLC and Macquarie Infrastructure and Real Assets and effectively rejected it.
This was stated in a press release from Atlantia, which nevertheless accepted an extension of CDP's due diligence on Aspi until the end of January.
"The offer, in addition to still being non-binding and lower than the expectations of the Board of Directors, contains, among other things, an assessment for 100% of the equity value of ASPI below the range indicated by the CDP Consortium itself in the previous communications of 19 and October 27 and is still subject to further potential adjustments as a result of 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 Directors.
"However, the Board confirmed to the CDP Consortium its willingness to evaluate a possible binding offer for the stake held in ASPI, provided that, as repeatedly reiterated in the previous offers, it meets the social interest", concludes Atlantia.
(HANDLE).