Atlantia agrees purchase and sale options for 34% of Cellnex Telecom
Atlantia pacta opciones de compra y de venta sobre el 34% de Cellnex Telecom
Intel ID : 259629
Synopsis |
Atlantia [BIT:ATL], an Italy-based highway construction and operation company, obtained a purchase option for 29.9% or 34% of Cellnex Telecom [BME:CLNX] currently held by Abertis [BME:ABE], subject to the success of the Public Takeover Offer launched by Hochtief [FRA:HOT], a Germany-based company controlled by ACS [BME:ACS], for Abertis. The option is part of the agreement between Atlantia, Hotchief and ACS to jointly control Abertis. At the same time, Atlantia signed a sale option with Italy-based Edizione for 29.9% of Cellnex Telecom. If the two deals are carried out and Atlantia is left with 4.1% of Cellnex Telecom, it would be forced to launch a PTO for the company.
(content in spanish)
Atlantia [BIT:ATL], empresa italiana dedicada a la construcción y gestión de autopistas, ha obtenido una opción de compra sobre el 29,9% o el 34% de Cellnex Telecom [BME:CLNX] que está en manos de Abertis [BME:ABE], sujeta al éxito de la Oferta Pública de Adquisición que Hochtief [FRA:HOT], empresa alemana controlada por ACS [BME:ACS], está lanzando sobre Abertis. Todo ello se enmarca en el acuerdo entre Atlantia, Hochtief, y ACS para controlar conjuntamente Abertis. Al mismo tiempo, Atlantia ha firmado una opción de venta con la empresa italiana Edizione sobre el 29,9% de Cellnex Telecom. En caso de que ambas operaciones se llevasen a cabo y Atlantia se quedase con el 4,1% de Cellnex Telecom, se vería obligada a lanzar una OPA sobre la compañía. |
Intel ID | 259629 | ||||||
Value | EUR 1.500,00m (Approx.) | ||||||
Native Currency | Euro (EUR) | ||||||
Financial Data - Cellnex Telecom
(31 Dec 2023) |
Revenue: EUR 4.045,33m EBITDA: EUR 2.926,71m Net Debt: EUR 27.926,01m |
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Primary Sector (TTRSC) |
35.09.05 Toll Bridges, Roads & Highways 35 Industrials / 35.09 Transport Infrastructure |
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60.01.03 Telecoms Towers & Infrastructure 60 Telecommunications / 60.01 Telecommunications & Networking Hardware |
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Secondary Sectors (TTRSC) |
60.02.99 Other Telecommunications & Networking Services 60 Telecommunications / 60.02 Telecommunications & Networking Services |
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Primary Sector (TTRSC) |
35.09.05 Toll Bridges, Roads & Highways 35 Industrials / 35.09 Transport Infrastructure |
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Secondary Sectors (TTRSC) |
35.09.01 Aerodromes & Airports 35 Industrials / 35.09 Transport Infrastructure 60.01.03 Telecoms Towers & Infrastructure 60 Telecommunications / 60.01 Telecommunications & Networking Hardware |
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Ultimate Owner (Seller)
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Primary Sector (TTRSC) |
35.03.03 Construction & Engineering (Non Residential) 35 Industrials / 35.03 Construction & Engineering |
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Primary Sector (TTRSC) |
35.03.03 Construction & Engineering (Non Residential) 35 Industrials / 35.03 Construction & Engineering |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.