Atlantia to consider options on Abertis' bid once rival offer approved

By Kitco News / January 31, 2018 / www.kitco.com / Article Link

MILAN, Jan 31 (Reuters) - Italy's Atlantia will consider all options regarding its bid on Abertis once a rival offer launched by Germany's Hochtief on the Spanish company is approved, the Italian group's chief executive said on Wednesday.

"We will consider every option about Abertis once the (Spanish) regulator approves Hochtief's bid over Abertis," Atlantia's CEO Giovanni Castellucci said on the sidelines of Reuters Breakingviews event in Milan.

The Italian group is competing with Hochtief to take over the Spanish toll road operator. The Spanish market watchdog is expected to take a decision on Hochtief's bid in coming weeks.


(Reporting by Francesca Landini and Paola Arosio, editing by Giulia Segreti)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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