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Blackstone and Benettons propose a EUR€58B buyout offer for Atlantia


Date

April 14, 2022

Office Involved

Value

58 Billion EUR

On April 14th, 2022, The Blackstone Group ("Blackstone") and Benettons proposed a EUR€58 billion buyout offer for Atlantia to take the company private. Benetton currently controls a 33% stake of Atlantia, the bid targets 66.9% of the group’s share capital and is conditional on reaching a 90% acceptance threshold.

Blackstone, headquartered in New York, United States, is a global investment business investing capital on behalf of pension funds, large institutions and individuals.

Atlantia, headquartered in Rome, Italy, is a strategic investment holding company that offers mobility services and manages motorways and airports under concession.

McCarthy Tetrault is advising Blackstone with a team led by Jonathan See, Hailey Schenker (Business), Raj Juneja (Tax), and Jason Gudofsky (Competition).

People

  • Jonathan D. See
    Jonathan D. See

    Partner, Co-Head of M&A and Co-Head of Private Equity

    People.Offices.Singular Toronto

  • Raj Juneja
    Raj Juneja

    Partner, Co-Head of Tax

    People.Offices.Singular Toronto