|Bid||16.08 x 0|
|Ask||16.28 x 0|
|Day's range||16.08 - 16.26|
|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 Friday a deal had been reached with the Italian transport ministry to close a dispute over a fatal bridge collapse. The settlement paves the way for the closing of a sale of Atlantia's stake in its motorway unit Autostrade per l'Italia to a consortium led by state-lender CDP. A road bridge operated by Autostrade collapsed in the northern city of Genoa on Aug. 14, 2018, killing 43 people and triggering a legal battle.
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.