Blackrock, Qatar's QIA interested in Atlantia's tollroad unit: sources - Reuters:
U.S. asset manager BlackRock (BLK.N) and Qatar’s sovereign fund QIA are interested in investing in Atlantia’s motorway unit (ATL.MI) along with Italian state lender Cassa Depositi e Prestiti (CDP), two sources with knowledge of the matter said.
The two could be part of a consortium made of Italian and foreign funds that is expected to buy around 20% in Atlantia’s Autostrade per l’Italia once it is demerged from its parent company, the source said.
BlackRock and Qatar Investment Authority declined to comment on the issue.
Autostrade is being sold off after the Italian government forced Atlantia to hand over control of the unit or face being stripped of its lucrative tollway concession in the wake of the deadly collapse of a motorway bridge in 2018 in which 43 people were killed.
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