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Atlantia: Acs courts Chinese funds to counter takeover bid on Abertis

This was revealed by Expansion – The Spanish company led by Florentino Perez would like to include some Chinese funds in the offer on Abertis, including Ying Zhan Investment Limited.

Atlantia: Acs courts Chinese funds to counter takeover bid on Abertis

Apertis continues to be at the center of the fight between Atlantia and Acs.

According to what was written by the Expansion newspaper, the Spanish company led by Florentino Perez would like to include some Chinese funds in the offer on Abertis, including Ying Zhan Investment Limited. The group is also considering the possibility of launching a takeover bid directly, without going through the subsidiary Hochtief. So Chinese money, but Spanish control.

If confirmed, competition for Atlantia would become very dangerous. In fact, we recall that the Benetton family group has offered 16,5 euros per share in order to buy Abertis and create the largest motorway operator in the world.

On Piazza Affari Atlantia is currently losing 1,34% to 26,58 euros in the wake of the performance of the Ftse Mib, down by 1,6%. On the Bolsa de Madrid instead, Acs lost 2,78% to 30,79 euros (-1,23% Ibex 35).

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