Benettons and Blackstone secure 62.2% of Atlantia’s shares as bid nears end

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Borsa Italiana said the take-up in the buyout offer for the Italian infrastructure group, which is run through a vehicle called Schema Alfa, reached 43.504% of the shares targeted by the offer.

Edizione already controls 33.1% of Atlantia.

Schema Alfa’s 58 billion euro ($58 billion) bid to take private the infrastructure group ends on Friday.

The vehicle needs to achieve a threshold of 90% for the offer to be valid. ($1 = 1.0049 euros)