Abertis and Cellnex moved its registered office to Madrid

Abertis and Cellnex moved its registered office to Madrid This announcement coincides with the authorization by the National Commission for the securities market (CNMV) to carry out the takeover bid Italys Atlantia was raised on Abertis to form one of the first groups of infrastructures in the world.

Abertis Infraestructuras and its subsidiary Cellnex Telecom (in which Abertis has 34% of its shareholders) have shown this Monday evening in knowledge of the securities market Commission (CNMV) the transfer of its registered offices in Barcelona to Madrid. According to the releases "because of the legal uncertainty generated by the current political situation in Catalonia" and since "the uncertainty can keep in the short and medium term" extraordinary boards of Directors of both companies have chosen by move its headquarters to Madrid. Abertis will make it to its current offices in Paseo de la Castellana, 39 while Cellnex moved its registered office to its corporate offices in calle Juan Esplandi , 11-13 (Madrid).

This decision is adopted to maintain the normal operations of both company and in order to protect the whole of their interests, they say. In both cases this "move" will not affect those societies which provide their services exclusively in Catalonia".

This change comes just a few days after CaixaBank announced its move towards Valencia, Banco Sabadell to Alicante, Gas Natural Fenosa Madrid and Criteria and the Fundaci n La Caixa to Palma de Mallorca, among other companies that have opted to leave Catalonia before the complex political situation. Abertis is controlled by Criteria Caixa in 22.5% of its shareholders.

Green light to the takeover bid of Atlantia

The Commission national de the market of values (CNMV) has authorized on Monday the takeover bid Italys Atlantia launched on Abertis to form one of the first groups of infrastructures in the world.

The CNMV gives green light to this operation that will result in one of the first groups of infrastructures of the world since it understands "adjusted its terms standards and consider sufficient content of the prospectus submitted after the last" information incorporated on October 5".

La CNMV aprueba la OPA sobre Abertis casi cuatro meses despu s de que la compa a italiana la presentara formalmente el pasado 15 de junio, dos meses despu s de que a mediados de abril reconociera su inter s por la compa a espa ola.

El Consejo de Administraci n de Abertis, en un plazo m ximo de diez d as naturales a contar desde el inicio del per odo de aceptaci n de la oferta, har p blico su informe sobre la oferta de acuerdo con lo legalmente previsto. Atlantia tendr ahora la posibilidad de mejorar la oferta al tiempo que la CNMV abre las puertas a que el grupo ACS pueda plantear una eventual OPA competidora.

LINK:	http://www.panoramaaudiovisual.com/en/2017/10/09/abertis-y-cellnex-tra...
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