The bid tops a previous offer by a group that included Canada’s Public Sector Pension Investment Board, which manages more than $200-billion for numerous federal employees
Adelaide-based Uniti offers services to businesses and consumers and recorded AUD$215-million in sales over the past 12 months, according to S&P Global Market Intelligence.
Italy’s Benetton family and U.S. investment fund Blackstone said Thursday they have proposed a €58-billion buyout offer for Italian infrastructure company Atlantia, to take it private and stave off Brookfield’s offer for the airport and motorway operator. Alessandro Benetton, chairman of the family holding company Edizione since January, said one of the aims was to preserve the integrity of Atlantia and its Italian identity, adding they had found in Blackstone a long-term co-investor and partner.
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