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Atlantia Closes $8.6 Billion Sale of Toll-Road Operator

By Joshua Kirby


Atlantia SpA said late Thursday that it has completed the sale of its toll-road business Autostrade per L'Italia for a total consideration of 8.2 billion euros ($8.64 billion).

The Italian infrastructure company agreed last summer to sell its entire stake of just over 88% in the business to a consortium comprising CDP Equity, Blackstone Infrastructure Partners and Macquarie Asset Management. The total sum received by Atlantia includes the ticking fee accrued and minor price adjustments recognised under the terms of the sale agreement, the company said.


Write to Joshua Kirby at; @joshualeokirby


(END) Dow Jones Newswires

May 06, 2022 03:05 ET (07:05 GMT)

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