Atlantia to Seek Spanish Government Approval for Abertis Bid

Date : 21/12/2017 @ 19h51
Source : Dow Jones News
Valeur : Atlantia (ATL)
Cours : 18.255  0.175 (0.97%) @ 17h35
Atlantia Cours Graphique

Atlantia to Seek Spanish Government Approval for Abertis Bid

Atlantia (BIT:ATL)
Graphique Historique de l'Action

1 an : De Déc 2017 à Déc 2018

Plus de graphiques de la Bourse Atlantia
   By Nathan Allen 
 

Italy's Atlantia SpA (ATL.MI) said Thursday it will seek formal authorization from the Spanish government to continue with its takeover bid for Abertis Infraestructuras SA (ABE.MC).

The Italian company said it would make a direct request to the ministries out of respect for Spain's institutions and to avoid slowing down the bidding process.

Spain's Ministry of Energy, Tourism and Digital Agenda and Ministry of Public Works earlier this month said Atlantia was legally obliged to seek their authorization for the 16.3-billion-euro ($19.33 billion) bid it submitted in May.

The ministries also requested that Spain's market regulator--the CNMV--revoke its approval of the bid.

Atlantia said it had full confidence in the Spanish government's ability to provide a neutral, efficient and objective evaluation of its request.

 

Write to at nathan.allen@dowjones.com

 

(END) Dow Jones Newswires

December 21, 2017 13:36 ET (18:36 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
Dernières Valeurs Consultées
EU
GLE
Société Gé..
EU
ALU
ALCATEL-LU..
EU
PX1
CAC 40
ORA
Orange
FX
EURUSD
Euro vs Do..
Les dernières valeurs consultées apparaîtront dans cette boîte, vous permettant de choisir facilement les titres vus auparavant.


Inscrivez-vous maintenant pour créer votre liste d'actions personnalisée, en streaming.

Les cours EURONEXT (CAC 40, etc. ) et FOREX (les devises) sont en direct si connecté.
NYSE, AMEX, et ASX sont en différé d'environ 20 minutes. Les autres cours sont en différé d'environ 15 minutes.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Conditions Générales

P: V:fr D:20181214 02:06:24