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Atlantia Sells Chile Unit Stake For EUR857 Million

Date : 04/19/2012 @ 12:55PM
Source : Dow Jones News
Stock : Atlantia (ATL)
Quote : 18.62  0.17 (0.92%) @ 4:45AM
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Atlantia Sells Chile Unit Stake For EUR857 Million

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Italian toll-road operator Atlantia SpA (ATL.MI) said Thursday it has sold a 49.99% stake in Chile's Grupo Costanera to Canada Pension Plan Investment Board, a pension fund manager, for about EUR857 million.

 
   MAIN FACTS: 

-The agreement is subject to completion of Atlantia's own acquisition of Autostrade Sud America Srl, a subsidiary in South America, a deal that it announced in February.

-Grupo Costanera manages highways in Chile.

-By Gilles Castonguay, Dow Jones Newswires; +39 02 5821 9908; gilles.castonguay@dowjones.com; Twitter: @GRCastonguay



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