MILAN (Reuters). Shares in Atlantia rose by more than 5% Thursday, after the Italian Benetton family (NYSE:) and U.S. Investment Fund Blackstone (NYSE NYSE:) presented their offers to purchase investors in the motorway operator and airport operators and make them private.

Atlantia shares are valued at $58 billion ($63 billion) and the offer price is 23 euro per share.

Below is an overview of the analyst comments.

PITCHBOOK SENIOR EANALYST AND PRIVATE EQITY LEAD WYLIEFERNYHOUGH

The sheer magnitude of the Atlantia deal, negotiated by Blackstone and Benetton, has changed how infrastructure investors view investments.

This deal demonstrates the strength of private markets as well as how appealing infrastructure assets are in today’s inflationary climate. We expect Brookfield and GIP to make additional deals in the future, with more than $10 billion being poured into infrastructure funds.

BESTINVER ANALYST MARCO OPIPARI

“The 23.74 euro price, including the dividend, represents a 28% premium to the Atlantia stock price prior to speculations regarding possible offers. The target 90% acceptance threshold is likely to be met. I believe it’s adequate.

“Potential counter-offers would not occur because any competitor consortium would be in an extremely disadvantageous position.”

EQUITA SIM ANALYST ROBERTO LETIZIA

The pricing is appealing because of the premium that it provides on our value of 20.5 euro per share. This already includes a 5% premium.

COWEN VIICE PRESIDENT ALISTAIR MANKIN:

“The market is welcoming the deal price – overall it looks straight forward to close this transaction assuming no major escalation in the Russia/Ukraine war. Market attention is on the material adverse condition, which specifically takes in possible developments in Russia/Ukraine. Certain developments could give Benetton/Blackstone the opportunity to exit this deal.

($1 = 0.9170 euros)