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Astaldi takes off on the Stock Exchange: decisive days for the restructuring

There are two events on the agenda for the week: the presentation of the arrangement with creditors plan to the Court of Rome, for which an extension request could be presented, and the arrival of proposals from industrial groups interested in the group's assets – Salini Impregilo and the Japanese Ihi would have already made non-binding offers

Astaldi takes off on the Stock Exchange: decisive days for the restructuring

Take off at Piazza Affari the title of Astaldi, which at the end of the morning was suspended in a volatility auction with an increase of 11,33%, to 0,56 euros, which rose to +18,9% in the afternoon. What begins today is a decisive week for the fate of the Roman construction group.

There are two main events on the agenda: the presentation of the composition with creditors plan to the Court of Rome, for which an extension request could be presented, and the arrival of proposals from industrial groups interested in the group's assets.

The attention of investors then focuses on the rumors. According to the rumors, Salini Impregilo and the Japanese Hey they would have already made non-binding offers, although it is not clear on what.

Salini Impregilo would appear to be too indebted to buy the entire capital of Astaldi, which in turn has many debts. It is therefore more likely that Salini intends to take over from Astaldi in some joint projects in Italy.

In any case, “these offers should allow Astaldi to ask for one 60 day extension to the Court of Rome to present a more detailed bailout plan”, underlines Mediobanca Securities.

Meanwhile, the stock on the Stock Exchange of Salini Impregilo loses 1,7%, to 1,701 euros.

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