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19 September 2018 The on-line newspaper devoted to the world of transports 07:14 GMT+2



March 2, 2018

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Atlantia will acquire 15.49% of the society that manages the tunnel under the Handle

The investment piles to 1,056 billion euros

Atlantia, group that work in the field of the highway and airport infrastructures that has which reference shareholder the Tuning, financial institution controlled from the holding Edition of the Benetton family, has tightened an agreement for the acquisition of 100% of the capital of Air 1 Global & International S.à.r.l., vehicle of investment controlled to 100% from deep managed by Goldman Sachs Infrastructure Partners, that it stops 85.170.758 sets in action of Groupe Eurotunnel S.E (Getlink), society that manages the submarine tunnel under the English Channel and two terminal in concession until 2086. The shares represent 15.49% of the capital of Getlink and 26.66% of the rights to vote of the society.

Atlantia, specifying that the operation is not subject to conditions, has announced that the cost of the acquisition piles altogether to 1.056 million euros, correspondents to 12,40 euros per.share Getlink.

"The investment in Getlink - the managing director of Atlantia has explained, Giovanni Castellucci - represents an interesting opportunity financial institution for the group. Draft of a society very very managed, with management of proven experience and competence. We are proud to become the greater shareholder of Getlink and to contribute to the success of the company and the acts of its management team".

Atlantia has remembered that every Getlink year enlivens beyond 20 million passengers, 1,6 million heavy means, 2,6 million automobiles, about 25% of the goods that Europe and the United Kingdom journey between and 1,7 billion ton-kilometer of goods. Moreover Getlink manages also Europorte, a railway business (not in concession), and the future interconnection electrical worker between France and United Kingdom (ElecLink) inside of the tunnel.

In the 2017 revenues of Getlink they have been pairs to 1.033 million euros, with an EBITDA of 526 million euros. Getlink is quoted on the squares of Euronext Paris and Euronext London with a capitalization of Stock exchange of about 5,7 billion euros to the today's date.

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