Alliances and partnerships remain important for the development of companies controlled by the Benettons, the chairman of the family's holding company Edizione said on Sunday, answering a question about the relationship with Spanish tycoon Florentino Perez. "We have to continue this vocation we have always had of respecting local partners with specific skills in the business, this will never change," Alessandro Benetton told Reuters on the sidelines of a business conference. Alessandro, son of Benetton Group founder Luciano, had been asked by Reuters if Perez would remain a partner, despite his role in an attempt by funds Brookfield and GIP to take over infrastructure group Atlantia, in which Edizione holds a controlling stake.
The Benetton family and U.S. fund Blackstone are on track to secure the green light from the Italian government for their takeover offer for infrastructure group Atlantia, two people close to the matter told Reuters on Friday. Rome has special "golden powers" it can use to block or set strict conditions on takeovers in strategic sectors, such as airports, defence, energy and banking. In the case of Atlantia, the golden powers apply to the group's ADR unit, which manages Rome's Fiumicino airport, and digital road toll payment unit Telepass, which handles data on traffic and banking accounts of its clients.
The Benetton family and U.S. fund Blackstone have notified the Italian government about their takeover offer for Atlantia to secure Rome's green light before its launch, two sources with knowledge of the matter said on Friday. Rome has special anti-takeover "golden powers" it can use to shield strategic assets, such as airports and digital infrastructure, when there is a change in the ownership structure. The bid, which values Atlantia at 58 billion euros ($60.4 billion) including debt, was filed last week with the government, one of the sources told Reuters.