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Benetton Family Confirms Talks With Blackstone on Potential Transaction Involving Atlantia

   By Cristina Roca 
 

Edizione SpA said Thursday that it is in talks with Blackstone Inc. over a potential transaction involving Atlantia SpA but is currently not able to provide additional details.

The holding company of the Benetton family also said it has been approached by Global Infrastructure Partners and Brookfield Asset Management Inc. over a possible acquisition of the Italian infrastructure company, but it told them it isn't interested in their project.

Edizione said its aim is to preserve the integrity of Atlantia, while GIP and Brookfield's project involves the potential divestment of several businesses.

The Benetton family holds 33% of Atlantia.

Spain's Actividades de Construccion y Servicios SA has reached an exclusive agreement with GIP and Brookfield for a possible deal to take over the Italian infrastructure company.

 

Write to Cristina Roca at cristina.roca@wsj.com

 

(END) Dow Jones Newswires

April 07, 2022 09:46 ET (13:46 GMT)

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