Atlantia: UBS still neutral after takeover bid
(CercleFinance.com) - Brookfield has made an offer to buy Atlantia, according to Bloomberg, after meeting with the Benettons twice in March.
The acquisition of Atlantia would be the biggest deal of the year, the news agency said.
Bloomberg says that no terms have been provided for this transaction.
UBS confirms its neutral rating on the stock following this information, with a target price of 18.8 euros.
However, the broker believes that this is a potentially interesting deal and is analysing its potential implications.
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