Deals
Allianz, ADIA Said to Plan Binding Bids for Autostrade Stake
- Caisse De Depot also said to be interested in next-round bid
- Atlantia plans to sell 15% stake to international investors
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Allianz SE’s infrastructure and private equity investment arm and the Abu Dhabi Investment Authority are among companies planning binding offers for part of a 15 percent stake in Italian toll-road operator Autostrade per L’Italia SpA, people familiar with the matter said.
Caisse de Depot et Placement du Quebec, Canada’s second-largest pension fund, is also weighing an offer, the people said, asking not to be identified because the process is private. Atlantia SpA, the infrastructure company controlled by the billionaire Benetton family, is close to selecting bidders to submit binding offers by the end of March, they said.