Atlantia to tender stake held in Italian airports group

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Atlantia to tender stake held in Italian airports group

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 Moreover, having Atlantia tendered to the offer, it has withdrawn its list of candidates for the renewal of SAVE Board of Directors.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.

List of country news

Country news

  • September 26, 2017

    Autostrade per l’Italia launches bond issue

    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.
     

    Read more
  • August 08, 2017

    Atlantia acquires stake in Bologna Airport

    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.

    Read more
  • August 07, 2017

    Alkion Terminals expands portfolio into Italy

    Alkion Terminals has announced the completion of a transaction in which Alkion acquired from ENI the full ownership of a liquid bulk tank terminal based in Vado Ligure, Savona, Italy.

    Read more
  • June 13, 2017

    Ardian fund IV to take stake of Italian highway concession

    Ardian Infrastructure has signed an agreement with SIAS, Satap and Itinera, to become a shareholder of Autovia Padana, the company which operates the A21 Piacenza-Cremona-Brescia motorway.

    Read more
  • June 01, 2017

    First amendment to Italian Public Contracts Code

    Italy has published the first amendment to the New Public Contracts Code in the Italian official Gazette.

    Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.