Friday, May 14News That Matters

Spain’s ACS hires Societe Generale to yell on Autostrade supply, sources tell

MADRID, April 14 (Reuters) – Spanish infrastructure community ACS has hired French investment bank Societe Generale to yell it on its up to 10 billion euro ($11.98 billion) supply for Autostrade per L’Italia, two sources with info of the topic acknowledged on Wednesday.

Each ACS and Societe Generale declined to commentary.

Closing week ACS had despatched a letter to Atlantia, the proprietor of the Autostrade motorway unit, expressing its curiosity on Friday. ($1 = 0.8346 euros) (Reporting by Clara-Laeila Laudette and Francesca Landini in Milan; Enhancing by Jesús Aguado)

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