(Reuters) – A potential buyout of Spanish infrastructure company Abertis Infraestructuras SA (ABE.MC) by major shareholders and CVC Partners would involve 10 billion euros ($13.4 billion) in financing, Il Messaggero newspaper said on Tuesday.
The potential deal calls for CVC to put together a vehicle capitalised at about 4 billion euros to launch the bid, Il Messaggero said. Most of the money would come from CVC and the rest from the main Abertis shareholders.
The vehicle would get another 6 billion euros in financing raised by Mediobanca.
The bank has invited to take part Italy‘s UniCredit (CRDI.MI) and Intesa Sanpaolo (ISP.MI), French banks Calyon (CAGR.PA), Societe Generale (SOGN.PA) and BNP Paribas (BNPP.PA) and Spain’s Banco Santander (SAN.MC) and BBVA (BBVA.MC) as well as another European bank, the newspaper said.
A total of 10 banks would subscribe 600 million euros each in financing, it said. They would receive shares in the vehicle as security.