Atlantia exit highlights Milan's battle to retain market heavyweights

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The buyout of Atlantia will cut another 19 billion euros ($19.5 billion) from the value of the Milan bourse and bring to 12 the number of companies to leave the stock exchange this year, fuelling fears about its standing.

, whose shares are listed both in Milan and New York, is also evaluating the possibility of putting an end to its dual listing and focusing on the NYSE.

, which was the result of a spin off. Two other companies upgraded from the smaller Euronext Growth Milan. Beltratti said Italy lacks a long tradition of equity finance and its economy has been relatively weak for the last 20 years.

 

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