Announced
Financials
Tags
Majority
Italy
Public
Construction Services
Acquisition
Pending
motorway construction
Tender Offer
Friendly
Single Bidder
Synopsis
ASTM, a motorway management company, offered to acquire Societa Iniziative Autostradali e Servizi, a motorway construction company, for $1.4bn. The main objective of the transaction is establishing a listed industrial holding which, operating as a “One Company” listed on the stock market, with specific capabilities in motorways’ concessions, in construction, in engineering and in technological innovation.
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