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Stock impact report

Benetton holding says dismayed by road probe, hints at action [Reuters]

ATLANTIA SPA UNSP/ADR (ATASY) 
NASDAQ:AMEX Investor Relations: atlantia.it/en/investors
Company Research Source: Reuters
Benetton holding says dismayed by road probe, hints at action - Reuters 3 Min Read ROME (Reuters) - Edizione, the Benetton family holding company which has a controlling stake in Italian infrastructure group Atlantia ( ATL.MI ), said at the weekend it was dismayed by revelations of alleged safety violations in its road operations. Police investigating the deadly collapse of a bridge in Genoa last year said on Friday they had found evidence that safety reports for some viaducts had been falsified and placed under house arrest three employees of firms owned by Atlantia. In a sharply worded statement, Edizione Srl, which holds 30.25% of Atlantia, said it had full respect for the latest investigation and was following the case closely. “Edizione ... will without hesitation and immediately take all necessary action ... to safeguard the credibility, reputation and good name of its shareholders and subsidiaries,” the Benetton holding said. Italian newspapers said the Edizione statement rep Show less Read more
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