Atlantia Secures Funding to Increase Abertis Bid -Reuters
09 Février 2018 - 9:42AM
Dow Jones News
--Atlantia has secured funding to raise its bid for Spain's
Abertis but it could take up to a month before an improved offer is
made, Reuters reports, citing anonymous sources.
--The Italian highway operator told U.S. investors it was
prepared to make a cash-only bid rather than the cash-and-shares
mix it originally submitted, according to Reuters.
--Atlantia expects Spain's market regulator to approve a rival
bid from Hochtief by Feb. 12 but no decision has been taken about
the timing or the price of a new bid, Reuters says.
Full story: http://reut.rs/2BheqpQ
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(END) Dow Jones Newswires
February 09, 2018 03:27 ET (08:27 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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