Atlantia SpA (BIT:ATL) said Wednesday that its board of directors deems a takeover offer launched by U.S. fund Blackstone Inc. (NYSE:BX) and Italy's Benetton family as fair from a financial standpoint. The two parties, via their Schema Alfa SpA investment vehicle, have offered to buy out the Italian infrastructure company for around EUR 12.7 billion ($12.68 billion), or EUR 23 a share. The bidders plan to delist the company following the purchase.
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