The Board of Directors of Atlantia SpA, has resolved to tender the entire 22.1% stake held in SAVE to the mandatory offer on SAVE shares. Moreover, having Atlantia tendered to the offer, it has withdrawn its list of candidates for the renewal of SAVE Board of Directors.
Atlantia has relevant investments in the airport sector: it controls the Rome airport operator and the Nice airport, and the newly acquired stake in SAVE, which it paid around €14.75.
Founded in 1987, SAVE is the holding and leading mobility player with integrated operations in the traveler service sector and operating in three main business areas: airport management; mobility infrastructure management; food & beverage and retail.
SAVE Group carries out airport management activities in accordance with public interest and the guidelines established for airports within national and international planning activities; it is a major player in the field of mobility services.
The company is involved in several activities, such as: The Venice-Treviso system, with more than 12.3 million passengers in 2016, a 24 years remaining concession for Venice (up to 2041) and 36 years on the concession for Treviso (up to 2053), operations in car park management, airport security and software development, among others.
Autostrade per l’Italia has launched a new series of notes under its €7 billion (US$8.3 billion) Medium Term Note Programme, under which €2.5 billion have already been issued.
Atlantia has announced it has reached an agreements for the acquisition of a 29.38% stake in the share capital of Aeroporto Guglielmo Marconi SpA, listed company and holder of the concession of the Bologna airport.
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