HALISTER: Atlantia Bids for 100% of Abertis at EU16.34b

Atlantia Bids for 100% of Abertis at EU16.34b

(Bloomberg) -- Bid for toll highway operator is at EU16.5 per share.
  • Abertis holders to have partial share alternative to cash offer.
  • No plan to delist Abertis
  • PSA exchange ratio 0.697
  • Offer is conditional at 50% plus 1 level
  • Atlantia would pay max 23.2% in shares
  • Atlantia will issue special shares for bid
  • NOTE: Atlantia Said Poised for Abertis Bid

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
ABE SM (Abertis Infraestructuras SA)
ATL IM (Atlantia SpA)

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