Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Spain
  4. Bolsas y Mercados Espanoles
  5. ACS, Actividades de Construcción y Servicios, S.A.
  6. News
  7. Summary
    ACS   ES0167050915

ACS, ACTIVIDADES DE CONSTRUCCIÓN Y SERVICIOS, S.A.

(ACS)
  Report
Delayed Bolsas y Mercados Espanoles  -  11:38 2022-11-29 am EST
26.83 EUR   +1.25%
11/11Transcript : ACS, Actividades de Construcción y Servicios, S.A., Q3 2022 Earnings Call, Nov 11, 2022
CI
11/11ACS, Actividades de Construcción y Servicios Seeks M&A
CI
11/10Acs Actividades De Construcción Y Servicios S A : Group obtained a net profit of 480 million euros in the first nine months of 2022
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies
Days
:
Hours
:
Minutes
:
Seconds

Atlantia chairman aims for buyout to be sealed this year

09/04/2022 | 04:58am EST
FILE PHOTO: An Atlantia sign outside the Italian infrastructure group's Rome headquarters

CERNOBBIO, Italy (Reuters) - A buyout of Italian infrastructure group Atlantia by the Benetton family and U.S. fund Blackstone Inc could be completed by the end of the year, Atlantia's chairman said on Sunday.

The bidders proposed a 58 billion euro ($57.7 billion) offer in April to take the airport and motorway operator private but have yet to launch a formal bid pending regulatory clearance.

"We hope to be able to respect the timetable that we have set," Atlantia Chairman Giampiero Massolo told Reuters on the sidelines of the Ambrosetti Forum conference in northern Italy.

The likely scenario was for a bid to be launched in October, with the aim of delisting the business by the end of the year, he added.

He also confirmed that the group was looking at a potential investment in Chicago Skyway, a U.S. highway toll operator owned by Canadian pension funds OMERS and the Canada Pension Plan (CPP) Investment Board.

"It's an interesting asset," Massolo said.

Spain's El Economista newspaper reported in June that Abertis planned to bid for a 66.6% stake in Chicago Skyway in a transaction that would exceed 2.5 billion euros.

Abertis is a toll road operator controlled by Atlantia and Spanish engineering company ACS, which is led by Real Madrid soccer club owner Florentino Perez.

Massolo said that relations remained good with ACS and Perez, who had been involved in a rival buyout offer for Atlantia this year.

($1 = 1.0049 euros)

(Reporting by Francesco Zecchini; Writing by Keith Weir; Editing by David Goodman)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
ACS, ACTIVIDADES DE CONSTRUCCIÓN Y SERVICIOS, S.A. 1.25% 26.83 Delayed Quote.13.83%
ATLANTIA SPA 0.00% 22.93 Delayed Quote.31.37%
BLACKSTONE INC. 0.12% 88.21 Delayed Quote.-31.83%
All news about ACS, ACTIVIDADES DE CONSTRUCCIÓN Y SERVICIOS, S.A.
11/11Transcript : ACS, Actividades de Construcción y Servicios, S.A., Q3 2022 Earn..
CI
11/11ACS, Actividades de Construcción y Servicios Seeks M&A
CI
11/10Acs Actividades De Construcción Y Se : Group obtained a net profit of 480 million euros in..
PU
10/24ACS, Actividades de Construcción y Servicios, S.A. ..
CI
09/30ACS, Actividades de Construcción y Servicios, S.A. ..
CI
09/16Italy's Atlantia To Divest Stake In German Construction Group Hochtief For $578 Million
MT
09/15Atlantia sells Hochtief stake to ACS for 578 million euros
RE
09/15ACS, Actividades de Construcción y Servicios, S.A. ..
CI
09/12Hochtief - Sedgman awarded C$318M EPC contract for Artemis Gold's Blackwater Gold proje..
AQ
09/04Atlantia chairman aims for buyout to be sealed this year
RE
More news
Analyst Recommendations on ACS, ACTIVIDADES DE CONSTRUCCIÓN Y SERVICIOS, S.A.
More recommendations
Financials
Sales 2022 30 859 M 31 909 M 31 909 M
Net income 2022 619 M 640 M 640 M
Net cash 2022 686 M 710 M 710 M
P/E ratio 2022 11,5x
Yield 2022 7,48%
Capitalization 6 955 M 7 191 M 7 191 M
EV / Sales 2022 0,20x
EV / Sales 2023 0,20x
Nbr of Employees -
Free-Float 58,2%
Chart ACS, ACTIVIDADES DE CONSTRUCCIÓN Y SERVICIOS, S.A.
Duration : Period :
ACS, Actividades de Construcción y Servicios, S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ACS, ACTIVIDADES DE CONSTRUCCIÓN Y SERVICIOS, S.A.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Last Close Price 26,83 €
Average target price 30,03 €
Spread / Average Target 11,9%
EPS Revisions
Managers and Directors
Juan Santamaría Cases Chief Executive Officer
Cristina A. E. González de Durana Director-Finance & Corporate Development
Florentino Pérez Rodríguez Executive Chairman
Joan-David Grimà i Terré Independent Non-Executive Director
Miquel Roca I. Junyent Independent Director
Sector and Competitors