0DMQ.L - Astaldi S.p.A.

LSE - LSE Delayed price. Currency in EUR
-0.2988 (-43.20%)
As of 4:49PM GMT. Market open.
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Previous close0.6916
Bid0.0000 x 0
Ask0.0000 x 0
Day's range0.3928 - 0.3928
52-week range0.3928 - 0.3928
Avg. volumeN/A
Market cap39.857M
Beta (5Y monthly)1.46
PE ratio (TTM)N/A
EPS (TTM)-1.1150
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Italian builder Salini backs plan to buy Astaldi to revive industry

    Italian builder Salini backs plan to buy Astaldi to revive industry

    Italy's biggest builder Salini Impregilo gave the go-ahead on Tuesday to a takeover bid for stricken rival Astaldi , kickstarting a state-backed plan to revive the country's moribund construction industry. Salini said it would take a controlling stake in Astaldi, in bankruptcy proceedings, in return for an equity investment it had earlier put at 225 million euros (£203 million), though it removed that figure from its latest announcement on Tuesday. The takeover is at the centre of a much larger financing plan designed to fix Astaldi and create a new national champion.

  • Reuters

    Italy readies M&A-driven plan to revive building industry

    A state-backed plan to revive Italy's sickly construction industry through a series of mergers could take a step forward next week when its biggest builder, Salini Impregilo , expects to approve a takeover bid for its nearest rival. Known as "Project Italy", the joint public-private initiative has evolving for months in response to an industry crisis that has sent about 120,000 firms broke over the past decade and saddled others with crippling debts. A Salini executive said on Friday that the company expected to receive state and bank financial backing to be able to give the go-ahead next week to take its first big step under the plan: a takeover of struggling rival Astaldi .

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