Published by
Reuters UK
Reuters UK
By Francesca Landini and Valentina Za MILAN (Reuters) -Italy’s Benetton family and U.S. investment fund Blackstone have proposed a 58 billion euro ($63 billion) buyout offer for Atlantia, to take it private and stave off rival interest for the airport and motorway operator. Underscoring the strong appeal of the infrastructure sector, the deal would be this year’s second-biggest M&A transaction globally after Microsoft’s $69 billion acquisition of Activision Blizzard. The bid also heralds a new phase for Atlantia which is selling its domestic motorway unit to draw a line under a political dispu…
