Piazza Affari does not center the rebound, ringing another session of declines, conforming to the negative mood of Wall Street. The Ftse Mib index closed at 24,302 points (-0.59%). Investor sentiment continues to be driven by possible future moves by central banks. The Fed minutes relating to the last meeting on March 16 clearly highlighted the propensity for a rate hike (or more rate hikes) equal to 50 basis points. Jerome Powell’s Fed is also ready to start reducing its balance sheet at a rate of $ 95 billion a month less.
In the spotlight today Atlantia with a jump of 6.87% in the area of € 20.30 in the wake of the confirmation of a preliminary proposal made by a consortium put together by the Spanish ACS to take over control of Atlantia. Florentino Perez mainly aims to take control of the toll motorway business headed by Atlantia, in particular of Abertis, the Spanish motorway operator. Edition, the holding company of the Benetton family, pointed out at Consob’s request that the investment in Atlantia is of a strategic nature and it is Edition’s intention to continue to contribute to the sustainable development of its value, while maintaining the company’s Italian roots “within the framework of an industrial plan. that enhances the focus on transport infrastructures characterized by sustainability and innovation for the future mobility of people and goods “.
Day of strong purchases also on TIM (+ 2.16% to 0.3120 euros). According to reports from Il Sole 24 Ore, in addition to Cvc, there is another private equity fund interested in the ServCo dossier, the Italian telecommunications service company. It would be the English fund Apax, which is examining the assets of the ServCo divided according to the plans of the CEO. Pietro Labriola in Consumer and Enterprice. In addition to Apax, there would also be other international private equity funds that would be interested in the operation but Apax would be the most accredited as it is a highly specialized fund in telecommunications companies.
On the other hand, Generali Assicurazioni is hurting (-3.1%) with CEO Philippe Donnet who does not see the objectives of the plan at risk. Relative to the alternative one proposed by Caltagirone, the top manager of the Leone di Trieste believes that it is “a set of slides made by consultants that on the one hand reflect obsessions (such as acquisitions) rather than ideas, and on the other confuse ambition and risk “and without rewarding shareholders more, on the contrary, it could jeopardize the dividends that are instead envisaged by the current constantly growing plan.