Wednesday, June 06, 2018

Astaldi May Fetch More Than What It Needs in Istanbul Bridge Sale - Bloomberg

Astaldi May Fetch More Than What It Needs in Istanbul Bridge Sale
By Ercan Ersoy

A potential buyer for a bridge over the Bosphorus has valued Astaldi SpA’s 33 percent stake in the asset at as much as $467 million, a price that could help the Italian builder kick off a crucial share sale later this year, people familiar with the matter said.

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