|Bid||15.45 x 0|
|Ask||15.65 x 0|
|Day's range||15.45 - 15.73|
|52-week range||12.75 - 16.85|
|Beta (5Y monthly)||1.45|
|PE ratio (TTM)||N/A|
|Earnings date||11 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||20 May 2019|
|1y target est||N/A|
Italian infrastructure group Atlantia said on Monday it would sell its 17.2% stake in Portugal's Lusoponte to Vinci and Mota-Engil, its co-investors in the company that operates two bridges over the river Tagus, in Lisbon. French motorway and airport operator Vinci and Lineas, a company linked to Portuguese group Mota-Engil, had decided to exercise their pre-emption rights and buy out Atlantia, the Italian group said in a statement. Atlantia, which decided in June to sell its motorway unit Autostrade per l'Italia, is reshaping its asset portfolio.
Atlantia's toll road payment unit Telepass sees an initial public offering (IPO) as an option from 2024 to allow minority shareholder Partners Group Holding to cash in, Il Sole 24 Ore quoted Telepass' chief executive as saying. "An IPO is a technical hypothesis, one of the practical way-out options recognised to the holder of 49% of Telepass," the newspaper on Thursday quoted CEO Gabriele Benedetto as saying.
Italy's competition watchdog said on Wednesday it was investigating Atlantia's motorway unit Autostrade per l'Italia (ASPI) for failing to lower tolls, as previously requested by the regulator, on routes where traffic has been impacted by maintenance works. The antitrust was focusing on the December 2019-January 2021 period and the company has reduced or scrapped tolls on routes under maintenance since 2020, ASPI said in a statement in response to the opening of the inquiry. The highway operator said this decision over tolls had led to a revenue drop of 77 million euros ($90.64 million) for the company over 2020-2021.