Atlantia €1.48 billion sale of 11.94% of Autostrade per l'Italia (Aspi)

Overview:

• Atlantia has sold a 11.94% stake in Autostrade per l'Italia (Aspi).
• 6.94% has been sold to a consortium consisting of Allianz Capital Partners, EDF Invest and DIF Infrastructure IV. The other 5% has been sold to the Chinese Silk Road Fund.
• Allianz also has the option to acquire a further 2.%% stake by October 31 2018.
• Aspi is an Italian company that manages the concessions of certain sections of the Italian highway system. The current from of the company began operating in 2002.
• Atlantia was advised by Goldman Sachs, JPMorgan, Credit Suisse and Morgan Stanley.

Sam Duke - Editor