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Benettons rule out any transaction involving break-up of Atlantia – source
2022.04.07 13:21
FILE PHOTO: The logo of an infrastructure group Atlantia is seen outside their headquarters, in Rome, Italy October 5, 2020. REUTERS
MILAN (Reuters) – The Benettons, who control Atlantia with a 33% stake, are united in ruling out any transaction that would involve a break-up of the Italian infrastructure group, one source close to the family told Reuters on Thursday.
Global Infrastructure Partners and Brookfield Infrastructure (NYSE:BIPC) pitched a possible takeover of Atlantia last week after talks with the family, the two funds said, adding they were also working with Spain ACS on the deal.