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Aug 08 2019 Webuild News Release Webuild has completed its acquisition of 65 of Astaldi creating the new group Progetto Italia that will specialise in large infrastructure projects in sustainable mobility hydropower water and green buildings The operation was completed by means of a capital increase by Astaldi equal to €225 million in cash and
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Oct 17 2018 Shares in Astaldi have lost almost half of their value since the group reported on Sept 28 that it had filed for Chapter 11 like creditor protection The
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Nov 06 2020 Italy's largest construction group Webuildformerly called Salini Impregilohas completed its acquisition of fellow construction company Astaldi The deal worth €225 million means that Webuild now owns around 65 of Astaldi which had recently come close to declaring itself bankrupt The company originally offered to acquire Astaldi
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Mar 15 2021 Published Mar 15 2021 4 09AM EDT Webuild and listed unit Astaldi said on Monday they will complete the partial and proportional spin off of Astaldi by July with Astaldi shareholders receiving
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Dec 11 2018 Italian construction company Astaldi OTC ASTLY filed for creditor protection on September 28 The procedure chosen by the company technically called concordato in continuità was aimed
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Oct 08 2018 Summary Italian construction company Astaldi filed for creditor protection last week In the filing the company said its targets set in the 2018 2022 strategy plan were no longer achievable.
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Jan 09 2020 09 Jan 2020 Frankfurt am Main January 09 2020 Moody s Investors Service Moody s has today withdrawn its ratings on Italian construction company Astaldi S.p.A Astaldi including the Ca corporate family rating CFR the Ca PD/LD probability of default rating PDR and the Ca instrument ratings on the EUR750 million senior unsecured
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