DLA Piper and Gianni, Origoni, Grippo, Cappelli & Partners have picked up mandates as Italy’s Atlantia launched a bid of €16.3bn cash-and-share offer for its Spanish rival Abertis, in an effort to create the world’s biggest operator of toll roads.
Atlantia offered €16.5 per Abertis share, as its stock price has risen 8% since rumours of a merger started in April.
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