|Bid||18.77 x 21800|
|Ask||18.78 x 31900|
|Day's Range||18.65 - 18.79|
|52 Week Range||13.23 - 19.10|
|PE Ratio (TTM)||21.08|
|Earnings Date||Feb 26, 2018 - Mar 3, 2018|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
** Continental AG is still looking at its corporate structure as part of a review launched more than a year ago, a source close to the matter said after a media report on a possible breakup of the car parts maker pushed its shares to a record high. ** French online shoe and fashion retailer Spartoo has entered exclusive negotiations to buy rival shoe brand Andre from debt-laden clothing retailer Vivarte, the company said. ** Dubai real estate developer Union Properties is in the final stage of selling its entire stake in Emicool, a district cooling service provider, the company said.
** A unit of Thai Beverage has expressed interest in buying about 51 percent of Vietnam's Sabeco, the Vietnamese trade ministry, which is looking to sell a $5 billion stake in the nation's biggest brewer, said. ** Target Corp will buy grocery delivery platform Shipt Inc for $550 million in cash, it said, promising same-day delivery of all goods by the end of 2019 to lure customers that have turned to online retailers such as Amazon.com Inc. ** Gemalto, the world's largest maker of chips found in mobile phones and credit cards, rejected a takeover bid from French technology consulting firm Atos, saying the 4.3 billion euro offer undervalued the company.
Italy's largest motorway operator Atlantia (ATL.MI) is examining legal action to stay in the $20 billion bidding war for Spanish rival Abertis (ABE.MC) amid concerns it will be frozen out of the contest, a source familiar with the matter told Reuters. The move comes after two Spanish ministers asked the CNMV, the country's stock markets and merger deals regulator, to revoke the approval it granted in October for Atlantia's bid, which has also been cleared by the EU's competition regulators. If successful, a merger of Atlantia and Abertis would create the world's biggest toll road operator with a combined market value of more than 40 billion euros (£35.3 billion).
The Benetton family’s Atlantia SpA is preparing to raise its bid for Spanish toll-road operator Abertis Infraestructuras SA and has the cash for a prolonged battle with Real Madrid Chairman Florentino ...
Atlantia’s stock looked due for a trip north as the year began, and the rally has since come to pass. Investors now might want to consider locking in their profits, especially as a potential huge acquisition ...
MILAN/MADRID (Reuters) - Italy's Atlantia (ATL.MI) plans to improve its offer for Spain's Abertis (ABE.MC) to trump a 17.1 billion euros (£15.22 billion) rival bid from ACS' German subsidiary Hochtief (HOTG.DE), two sources close to the matter said on Thursday. Infrastructure group Atlantia is studying a rejigged cash-and-share bid but wants to wait for Spain's market watchdog to first approve Hochtief's offer before making a move, the sources said. ACS-Hochtief unveiled their proposal last week but they are still looking for investors who want to team up to acquire Abertis, one of the sources said.
DUESSELDORF (Reuters) - German builder Hochtief's (HOTG.DE) 17.1 billion-euro (£15.2 billion) bid for Spanish toll road operator Abertis (ABE.MC) is purely based on business considerations, Chief Executive ...
DUESSELDORF/MILAN (Reuters) - German builder Hochtief (HOTG.DE), controlled by Spain's ACS (ACS.MC), made a 17.1 billion euro (15.28 billion pounds)bid for Spanish toll road operator Abertis (ABE.MC) on Wednesday, topping a rival offer from Italy's Atlantia (ATL.MI). Hochtief is offering 18.76 euros in cash, or 0.1281 Hochtief shares, for each Abertis share and has set a minimum acceptance threshold of 50 percent plus one share. Builder ACS is launching the bid via cash-positive Hochtief to protect its credit rating and avoid having to raise equity itself, though Hochtief's plan to issue up to 24.8 million shares could dilute ACS's 72 percent stake in the German firm to below 50 percent.
Dealmaking activity helped European shares inch higher on Wednesday as the focus turned to a flurry of third-quarter company earning updates. Spanish road toll operator Abertis soared to a record high after German builder Hochtief tabled a $20.1 billion bid, topping a rival offer from Italy's Atlantia. Abertis rose 7 percent, leading gainers on the STOXX 600 index and helping the pan-European benchmark end up 0.3 percent, near four month highs.
(Reuters) - German builder Hochtief (HOTG.DE), controlled by Spain's ACS (ACS.MC), made a 17.1 billion euro (£15.2 billion) bid for Spanish toll road operator Abertis (ABE.MC) on Wednesday, topping a rival ...
Eleventh-hour approach from Hochtief could unseat the second attempt by Italy's Atlantia SpA to create the world's biggest toll road operator.
FRANKFURT (Reuters) - Hochtief (HOTG.DE), controlled by Spain's ACS (ACS.MC), said it was offering a total of around 17.1 billion euros (£15.2 billion) in cash and shares for Spanish toll road operator ...
Builder ACS offered 18.6 billion euros ($21.9 billion) for Abertis Infraestructuras SA, topping a bid from Italy’s Atlantia SpA with a proposal that would keep the toll-road operator in Spanish hands and ...
Investors holding more than 50 percent of Abertis' shares have expressed non-binding support for a takeover bid on the Spanish toll road operator launched by Italian rival Atlantia, two Italian sources said on Wednesday. Atlantia and Criteria Caixa were not immediately available for comment. German construction group Hochtief, controlled by Spain's ACS, is expected to present a counterbid for Abertis later on Wednesday, people close to the matter told Reuters.
MILAN/DUESSELDORF (Reuters) - Italian toll-road operator Atlantia (ATL.MI) is prepared to raise its takeover bid for Spanish rival Abertis to up to about 17.8 billion euros ($21 billion) should a rival offer by builder ACS materialise, three sources close to the matter said. Atlantia this week formally launched a cash and share offer that values Abertis (ABE.MC) at around 17 billion euros - or about 17 euros per share - in a deal that would create the world's biggest toll-road operator. The sources on Friday said Atlantia was prepared to offer up to 18 euros per share, if necessary.
BRUSSELS/FRANKFURT/MILAN (Reuters) - Atlantia's (ATL.MI) 17-billion-euro ($20 billion) bid for fellow toll road operator Abertis (ABE.MC) won unconditional EU antitrust clearance on Friday as Spanish builder ACS (ACS.MC) looked to prepare a rival bid. ACS is working on a cash-and-share offer for Spain's Abertis, which it plans to launch next week, sources close to the matter said on Thursday. The European Commission said the Atlantia-Abertis deal, which would create the world's largest toll-road operator, would not hurt competition, confirming a Reuters report.
BRUSSELS (Reuters) - EU antitrust authorities cleared on Friday Italian toll-road operator Atlantia's (ATL.MI) 17-billion-euro (15.11 billion pounds) bid for Spanish peer Abertis (ABE.MC) without demanding ...
The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- French carmaker Renault to acquire a 25 percent stake in electric ...