Abertis Infraestructuras has sold a minority stake in Italian peer Atlantia, The Wall Street Journal reports. The Spanish infrastructure operator, which is minority-owned by U.K. private equity firm, CVC, has obtained a total of €626 million from the sale.
As a part of the agreement, Abertis is selling 40.1 million Atlantia shares for €15.6 per share. Mediobanca was the financial advisor for the transaction, while Nomura was the book-runner of the operation.
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