Australia's Atlas Arteria sinks as Warnow Tunnel divestment to not proceed
04/08/2026 05:23
BUZZ-Australia's Atlas Arteria sinks as Warnow Tunnel divestment to not proceed ** Shares of toll road operator Atlas Arteria ALX.AX fall as much as 1.6% to A$5.010, their biggest intraday pct loss since July 9
** Co says it concluded discussions with Eiffage S.A for sale of Warnow Tunnel in Germany, says deal will not proceed
** Co said in June if deal were to be agreed upon, sale price would be in range of 100 million euros- 115 million euros ($115.07 million - $132.33 million)
** YTD, shares up 3.4%
($1 = 0.8690 euros)
(Reporting by Nichiket Sunil in Bengaluru)
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