Sunday, June 16, 2024
HomeBusinessBenettons, Blackstone offer 23 euros a share in Atlantia bid By Reuters

Benettons, Blackstone offer 23 euros a share in Atlantia bid By Reuters


Related stories A Comprehensive Guide To Localhost, Fixing, Configuring and Working

Technology has numerous terms that have unique importance and...

Which DNA test is the most reliable for determining paternity?

When it comes to determining paternity, DNA tests are the... Error: A Complete Understanding and fixing Tips!!

In the time of advancement, the secretive and cryptic...

5 Reasons AI Will Revolutionize Investment

If you’re an investor in the stock market, you...

Advantages of Financial Advisory Services in Retirement Planning

Planning for retirement can be both exciting and daunting....


© Reuters. FILE PHOTO: The logo of infrastructure group Atlantia in Rome, Italy October 5, 2020. REUTERS/Guglielmo Mangiapane/File Photo

MILAN (Reuters) – The holding company of Italy’s Benetton family and U.S. investment fund Blackstone (NYSE:) will spend up to 12.7 billion euros ($14 billion) to buy out other investors in Atlantia and take the airport and motorway operator private.

In a statement, the two partners said they would offer 23 euros a share, which represents a permium of 24.4% to the share price on April 5, before rumours about the offer fuelled gains. ($1=0.9163 euros)


Source link

See also  How much does it cost to travel full time? Here's what one couple pays
Bellie Brown
Bellie Brown
Hi my lovely readers, I am Bellie brown editor and writer of I write blogs on various niches such as business, technology, lifestyle., health, entertainment, etc as well as manage the daily reports of the website. I am very addicted to my work which makes me keen on reading and writing on the very latest and trending topics. One can check my more writings by visiting

Latest stories