Canadian Fund Mulls 49% Stake In Atlantia's Chile Unit -Source
April 18 2012 - 9:04AM
Dow Jones News
The Canada Pension Plan is mulling buying a 49% stake in
Atlantia SpA's (ATL.MI) South American unit, MF-Dow Jones reported,
citing a person close to the matter.
An imminent deal is likely, once corporate governance accords
can be reached between the current owner and the prospective
minority investor, the person said.
Rome-based Atlantia is seeking to monetize part of its
Autostrade Sud America unit, which owns a host of toll-road
concessions in Chile, after buying out partners recently in deals
that valued the business at just over EUR1.2 billion.
-By Gabriele La Monica, MF-Dow Jones; +39 06 6976 6921;
djitaly@dowjones.com
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