Deals
Atlantia Said to Draw Pension Funds to $4.6 Billion Deal
- Infrastructure company may sell up to 30% of Autostrade unit
- Atlantia plans to use proceeds to expand outside Italy
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Atlantia SpA, the Italian infrastructure company controlled by the Benetton family, could raise more than 4 billion euros ($4.6 billion) from the sale of a minority stake in its Autostrade per l’Italia SpA highway operating unit, according to people familiar with the matter.
Pension and sovereign wealth funds have expressed interest in the stake, said the people, who asked not to be named because the deliberations are private. Talks are at an early stage, and no final decisions have been made, the people said.