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Stock impact report

Italy ministry report says revoking Atlantia concession possible but risky [Reuters]

ATLANTIA SPA UNSP/ADR (ATASY) 
NASDAQ:AMEX Investor Relations: atlantia.it/en/investors
Company Research Source: Reuters
Italy ministry report says revoking Atlantia concession possible but risky - Reuters 1 Min Read ROME, July 2 (Reuters) - Experts appointed by the Italian transport ministry say it could be advisable for the government to find a political solution to a dispute with infrastructure group Atlantia over a motorway concession, a draft report seen by Reuters showed. The draft report said that re-negotiating Atlantia’s concession would present fewer risks for the ruling coalition than the option of unilateral revocation. But the report acknowledged the ministry had the power to unilaterally revoke the motorway concession. Atlantia is under pressure from the government after a motorway bridge it operated collapsed last year, killing 43 people. Reporting by Giuseppe Fonte; writing by Francesca Landini All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. Italy ministry report says revoking Atlantia conces Show less Read more
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