MILAN, Feb 5 (Reuters) - Italy's Atlantia ATL.MI has extended to Feb. 24 ongoing negotiations with a consortium led by state lender CDP over the sale of its motorway unit, as it strives to end a dispute triggered by the collapse of a bridge run by the unit.
Since October Atlantia has been discussing the sale of its 88% stake in motorway unit Autostrade per l'Italia with a group of suitors comprising CDP and investment funds Macquarie (MQG) and Blackstone BX.N .
Atlantia requested that, by Feb. 24, the CDP-led consortium submit a binding offer that is not conditional on syndication or financing.
News: MQG Italy's Atlantia extends unit sale talks with consortium to Feb. 24
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$223.20 |
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-8.310(3.59%) |
Mkt cap ! $85.07B | |||
| Open | High | Low | Value | Volume |
| $222.02 | $226.23 | $220.61 | $290.8M | 1.304M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 705 | $223.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $223.37 | 872 | 1 |
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