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

LSE - LSE Delayed price. Currency in EUR
0.3928
-0.2988 (-43.20%)
As of 4:49PM GMT. Market open.
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Previous close0.6916
Open0.3928
Bid0.0000 x 0
Ask0.0000 x 0
Day's range0.3928 - 0.3928
52-week range0.3928 - 0.3928
Volume71,471
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
    Reuters

    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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