After a long wait, the new offer for Highways she has arrived. Cassa Depositi e Prestiti, together with foreign funds Blackstone e Macquarie, they “sent to Atlantia the final offer – reads a note – containing some refinements compared to the one sent on 24 February 2021, for the purchase of the 88,06% stake held by Atlantia in Autostrade per l'Italia, or for the purchase of up to 100% of the same in the event of exercise of the co-sale right by the minority shareholders of ASPI”.
the previous proposal binding provision envisaged a 100% valuation of ASPI's equity of 9,1 billion, plus a series of negative legal clauses and pending matters amounting to approximately 1,5 billion.
The new offer it contains “further elements that emerged from the due diligence carried out following the proposal presented on 24 February last – continues the note – and constitutes a significant approach to Atlantia's requests. The Consortium believes that this offer should be positively evaluated by Atlantia and its shareholders".
The offer presented “is consistent with the approach of the consortium members such as long-term investors and in particular with that of Cdp, the leading investor in the country's infrastructure and for years a shareholder of companies that manage strategic national networks (Snam, Terna, Italgas, and Open Fiber)".
Finally, concludes the consortium, the investment responds to the following goals:
- promote the modernization of the network, promoting digitization and innovation;
- give stability to the governance of a key infrastructure for Italy in a long-term perspective;
- contribute to the implementation of a substantial investment plan extended to the entire Aspi motorway network, with the aim of accelerating infrastructure maintenance programs, ensuring the highest standards of performance and safety for users.
