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Borsa, Atlantia bucking the trend on rumors of sale of Adr share

The market hypothesizes a reorganization of the subsidiary Adr, with the sale of a 40% stake by Atlantia to the Arabs – The Benetton family denies this, but only in part.

Borsa, Atlantia bucking the trend on rumors of sale of Adr share

The Atlantia share travels against the trend in Piazza Affari, rising by 0,65% a 18,71 euro after 11. Investors continue to wonder about the future of the company and above all about the moves that will be undertaken on the subsidiary Aeroporti di Roma, in which the company holds 95% of the capital. In particular, many rumors hypothesize a reorganization of the subsidiary Adr with the sale of a 40% stake by the parent company Atlantia.

However, the group today specified that "no decision regarding a possible project has been taken". The company owned by the Benetton family also indicated that it had not given a mandate to Goldman Sachs for a project to sell minority shares in Aeroporti di Roma.

The idea is to sell 2015% of AdR by the first part of 40 in two tranches of 20% each: the first would go to the sovereign wealth funds of the Persian Gulf, with investors from Abu Dhabi and Kuwait in the forefront . The second 20% should instead go to infrastructure sovereign wealth funds such as Qatar Holding and Kuwait's Wren House.

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