Corporacion America sweetens bid for Italian airport firm SAT

jueves 22 de mayo de 2014 05:54 GYT

MILAN May 22 (Reuters) - Argentinian holding company Corporacion America has raised its takeover bid for Italian airport operator Società Aeroporto Toscano (SAT) to 14.22 euros per share from a previous 13.15 euros, it said in a statement on Thursday.

The bid for SAT, which runs the Tuscan airport of Pisa, has been launched by Corporacion America Italia Srl, the Italian arm of the Argentinian company.

Corporacion America has also launched a takeover bid on Aeroporto di Firenze. (Reporting by Danilo Masoni, editing by Stephen Jewkes)