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Italy's CDP took no decision on Atlantia unit bid on Monday - sources

Published 27/04/2021, 04:22 am
© Reuters.
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MILAN, April 26 (Reuters) - Italy state lender Cassa Depositi e Prestiti (CDP) has not taken any decision over a binding offer for Atlantia 's ATL.MI motorway unit Autostrade per l'Italia at a board meeting on Monday, two sources with knowledge of the matter said.

Italian newspapers reported over the weekend that a consortium of investors led by CDP could tweak its offer for Autostrade to win the backing of the majority of Atlantia's investors.

The binding offer presented by CDP together with Macquarie MQG.AX and Blackstone (NYSE:BX) BX.N , is based on a 9.1 billion euro valuation for the whole Autostrade, sources have said.

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