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The Latest Breaking News from Atlantia

Morning Brief: Top Stories Dominating Financial Media on Thursday, April 14

CNBC

Benzinga

Benettons-Blackstone Buyout Deal Values Atlantia At 24.4% Premium

Italy's Benetton family and Blackstone Inc (NYSE:BX) have proposed a buyout offer for Atlantia (OTC: ATASF) that values the airport and motorway operator at €58 billion ($63 billion) and intends to take it private, reports Reuters. The bid also marks the beginning of a new era for Atlantia, which is selling its domestic motorway company to…

Benzinga

Italy judge sends to trial former Atlantia CEO Castellucci, others over Genoa bridge collapse

An Italian judge on Thursday ordered 59 people, including former Atlantia CEO Giovanni Castellucci, to stand trial over the deadly collapse of a bridge in Genoa four years ago, judicial sources told Reuters.

Reuters

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Siemens Clocks 17% Revenue Growth In Q1; Discloses Asset Divestment Plans

Siemens AG (OTC:SIEGY) reported first-quarter FY22 revenue growth of 17% year-on-year to €16.5 billion. Orders rose 52% Y/Y to €24.2 billion. Orders increased 42%, and revenue rose 9% on a comparable basis. Profit Industrial Business increased 12% Y/Y, to €2.5 billion, and the corresponding profit margin came in at 15.7% (Q1 2021: 16.5%). The basic…

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