Atlantia announces an agreement with ACS in Abertis


© Reuters. ATLANTIA ANNOUNCES AN AGREEMENT WITH ACS IN ABERTIS

MILAN (Reuters) – Atlantia said on Wednesday that it had reached an agreement in principle with ACS and its subsidiary Hochtief about the operator Spanish motorways Abertis.

The Italian group said that its board would meet this Wednesday at 17: 15 GMT to review this agreement.

Sources said as early as Tuesday evening to Reuters that Atlantia was heard with the group’s Spanish construction ACS and its German subsidiary Hochtief on takeover of joint Abertis.

This agreement puts an end to the race between the two parties engaged in four months.

(Francesca Landini; Bertrand Boucey for the French service)

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