Benetton Family Confirms Talks With Blackstone on Potential Transaction Involving Atlantia
April 07 2022 - 10:01AM
Dow Jones News
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)
Copyright (c) 2022 Dow Jones & Company, Inc.
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