ACS, Actividades de Construcción y Servicios, S.A. (BME:ACS) agreed to acquire 14.46% stakes in HOCHTIEF Aktiengesellschaft (XTRA:HOT) from Atlantia SpA (BIT:ATL) for approximately €560 million on September 15, 2022. The transaction is subject to approval of merger agreement by Atlantia SpA (BIT:ATL) board. Target board has approved the deal. Martin Heater, Andreas Löhdefink, Christian Cascante, Christoph Auchter, Kevin Löffler and Charlotte Evers of Gleiss Lutz advised Atlantia on the transaction.

ACS, Actividades de Construcción y Servicios, S.A. (BME:ACS) completed the acquisition of 14.5% stakes in HOCHTIEF Aktiengesellschaft (XTRA:HOT) from Atlantia SpA (BIT:ATL) in September 2022.