Atlantia to Sell Impregilo Stake to Gavio, Buy Chile Road

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Atlantia SpA’s Autostrade per l’Italia toll-road division agreed to sell its stake in builder Impregilo SpA to Gavio Group’s Argo Finanziaria division in a cash and asset-swap that helps it expand in South America.

ArgoFin will get Atlantia’s 33 percent stake in IGLI, the biggest investor in Impregilo with a 29.96 percent holding, for