Atlantia published results that were in line with our expectations. Its net debt has risen by €1.7bn, but Atlantia does not have any liquidity issues due to Abertis’ dividend payment and the partial sale of Telepass. The group is still negotiating with the grantor and, additionally, has asked CDP to come up with a better offer by the end of this month, but, overall, Atlantia looks confident that it will soon have an agreement on the revised financial plan and the addendum.
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9m20: M&A activities back on track
- Published:
16 Nov 2020 -
Author:
Sejal Varshney -
Pages:
3
Atlantia published results that were in line with our expectations. Its net debt has risen by €1.7bn, but Atlantia does not have any liquidity issues due to Abertis’ dividend payment and the partial sale of Telepass. The group is still negotiating with the grantor and, additionally, has asked CDP to come up with a better offer by the end of this month, but, overall, Atlantia looks confident that it will soon have an agreement on the revised financial plan and the addendum.