|Bid||18.36 x 21800|
|Ask||18.37 x 31900|
|Day's range||18.36 - 18.36|
|52-week range||16.60 - 19.75|
|PE ratio (TTM)||17.62|
|Earnings date||24 Jul 2018 - 30 Jul 2018|
|Forward dividend & yield||0.80 (4.36%)|
|1y target est||17.65|
(Adds Intel, Thyssenkrupp, Gawker.com, CVS Health Corp, Borsalino, FPT Corp, KMG International; Updates Sky, Linde, Freeport-McMoRan) July 12 (Reuters) - The following bids, mergers, acquisitions and disposals ...
MILAN (Reuters) - Italy's Edizione has completed the acquisition of a 29.9 percent stake in Cellnex from Abertis and believes the Spanish telecom masts group has important growth prospects, the holding ...
BRUSSELS, July 9 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- T-Mobile Austria, which is a unit ...
BRUSSELS (Reuters) - The EU executive on Friday cleared Spain's ACS (ACS.MC) and Italy's Atlantia (ATL.MI) to buy motorway firm Abertis (ABE.MC), saying the purchase would not raise competition concerns. ...
BRUSSELS, June 20 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Private equity firm Permira to acquire ...
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HOCHTIEF Aktiengesellschaft / Key word(s): OfferHOCHTIEF Aktiengesellschaft: Results of the takeover offer for Abertis14-May-2018 / 16:50 CET/CESTDisclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The voluntary takeover offer by HOCHTIEF for Abertis Infraestructuras, S.A. has been accepted by shareholders representing 78.79 % of the share capital of Abertis. ...
The chairman of Spanish builder ACS (ACS.MC) said on Tuesday he expected the company's net profit to rise over 35 percent in the next two years after the acquisition of the country's toll operator Abertis (ABE.MC). "The impact of this operation on our accounts is significant, since it is very additive in terms of profit and cash generation," Florentino Perez said during a shareholders meeting. At-end 2017, ACS booked a net profit of 802 million euros (705 million pounds).
Spanish utility Iberdrola (IBE.MC) locked horns with Enel (ENEI.MI) on Thursday, alleging its Italian rival's state control was resulting in unfair competition. Enel, which rejected the allegations, and Iberdrola are involved in a heated contest to control Eletropaulo (ELPL3.SA), Brazil's largest power distribution company.
Italy's Atlantia (ATL.MI) said on Monday it would sell a 29.9 percent stake in Spanish telecoms mast group Cellnex (CLNX.MC) to Edizione, which is the Benetton family holding company and also its controlling shareholder. Atlantia was granted an option to invest in Cellnex under a deal last month to acquire Spanish toll-road operator Abertis (ABE.MC), which owns 34 percent of the telecom tower firm. Under the deal, conditional on the Abertis sale going through successfully, Atlantia has the right to sell the Cellnex stake to the Benettons at 21.50 euros per share, cum dividend, for a total of 1.489 billion euros (1.3 billion pounds).
Italian infrastructure group Atlantia said on Friday it had decided to exercise an option to buy all or part of the shares in Spanish telecoms masts group Cellnex owned by Abertis for between 21.20-21.50 euros per share. Atlantia was given the option to invest in Cellnex under an agreement clinched last week to acquire Spanish toll-road operator Abertis in a joint bid with Spanish builder ACS. Under European rules, Atlantia would have to make a full takeover if it buys a stake of 30 percent or more in Cellnex.
Atlantia (ATL.MI) and ACS (ACS.MC) must seek consent from the Spanish government to complete their joint bid for motorway firm Abertis (ABE.MC), Public Works minister Inigo de la Serna said on Thursday. An agreement between Spain's ACS and Italy's Atlantia to make a joint 18 billion euro bid for Abertis will create a new company which will hold the Spanish toll-road operator's assets and will be jointly run. The deal was partly designed to ease Spain's concerns over strategic assets falling to foreign business interests after Atlantia launched a full takeover offer, and it has been closely scrutinised by the government.
Atlantia (ATL.MI) has no plans to buy all of Spanish telecom towers group Cellnex (CLNX.MC) which is controlled by its bid target Abertis, the Italian firm's chief executive Giovanni Castellucci has said. Motorway and airport operator Atlantia will decide by Friday whether to acquire 29.9 percent of Cellnex, Castellucci told analysts on a March 15 conference call, according to a transcript published by Thomson Reuters StreetEvents. Atlantia's CEO also told analysts that the Italian group would next year pay a 30 percent increase on top of a 10 percent rise it normally pays to its investors each year, calculating the increase based on the dividend of 0.97 euros/share paid on 2016 results.
French private investment company Ardian has hired Rothschild to sell its 49 percent stake in Britain's fifth-biggest airport, Luton, banking sources told Reuters. Ardian and Spanish airport operator Aena, which owns the other 51 percent, bought the airport from toll operator Abertis (Amsterdam: IF6.AS - news) in 2013 for 508 million euros ($626 million).
An agreement between Spain's ACS (ACS.MC) and Italy's Atlantia (ATL.MI) to make a joint 18-billion-euro ($22.2 billion) bid for Abertis (ABE.MC) will not lead to a break-up of the Spanish toll-road operator's assets, ACS's chairman said on Thursday. Spanish builder ACS and Atlantia agreed to jointly bid for Abertis on Wednesday, ending a five-month bidding battle and easing political concerns. Spain's government had worried that an Italian takeover would have left important highways and a strategic satellite business under foreign ownership.
MADRID (AP) — Three European infrastructure companies are taking over Spain's Abertis as a joint venture that would bid for big projects worldwide.
MILAN/ROME (Reuters) - Italy's Atlantia and Spanish builder ACS agreed a joint 18 billion euro (£15.9 billion) bid for Abertis on Wednesday, ending a five-month battle for the Spanish road-toll operator and easing political worries. The Spanish government had been concerned that an Italian victory could leave some of the country's most important roads under full foreign control and the proposed joint bid, which will be made by ACS-controlled Hochtief, ensures a strong Spanish influence over the future of Abertis. Under the terms of the proposed deal Atlantia will own 50 percent plus one share in the entity which will ultimately own Abertis, plus an additional, indirect stake through a related purchase of around 25 percent interest in Hochtief.
Spain's stock market regulator said on Wednesday it had asked interested parties involved in the taking over of Abertis (ABE.MC) to not reveal private information about the 18-billion-euro deal. Spain's ACS (ACS.MC) and Italy's Atlantia (ATL.MI) agreed terms on Wednesday to jointly take over Abertis, ending a potential bidding war for the Spanish highway concessions group. The CNMV suspended trading in Abertis and ACS before the market opened on Wednesday.
HOCHTIEF Aktiengesellschaft / Key word(s): OfferHOCHTIEF Aktiengesellschaft: HOCHTIEF, ACS and Atlantia have reached an agreement on a common course of action with regard to the takeover of Abertis14-March-2018 / 14:14 CET/CESTDisclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.Subject to the approval from their respective governing bodies, which will be obtained on the date hereof, HOCHTIEF, Atlantia S.p. ...
Spain's ACS and Italy's Atlantia agreed terms on Wednesday to jointly take over Abertis , ending a potential bidding war for the Spanish highway concessions group. Under the new terms, Atlantia will withdraw ...
Italy's Atlantia and builder ACS reached an agreement over taking joint control of Abertis, sources said on Tuesday, putting an end to a long bidding war for the Spanish toll road operator. Atlantia and ACS have been locked in battle for months, with the Spanish government concerned that an Italian victory could leave some of the country's most important transport arteries under foreign control. The deal between the suitors comes a day after a bid by ACS's German arm Hochtief -- valuing Abertis at 18.2 billion euros (£16.2 billion) including the group's treasury shares -- received clearance from Spain's market regulator.