Atlantia signs deal to close dispute over Genoa bridge disaster
15/10/2021 18:31
MILAN, Oct 15 (Reuters) - Italian infrastructure group
Atlantia ATL.MI said on Friday a deal had been reached with
the Italian transport ministry to close a dispute over a fatal
bridge collapse.
The settlement paves the way for the closing of a sale of
Atlantia's stake in its motorway unit Autostrade per l'Italia to
a consortium led by state-lender CDP.
A road bridge operated by Autostrade collapsed in the
northern city of Genoa on Aug. 14, 2018, killing 43 people and
triggering a legal battle.
In a statement, Atlantia confirmed it would pay 3.4 billion
euros to settle the motorway contract dispute.
Atlantia, controlled by the Benetton family, also said it
had been told it would not have to launch a bid on Autostrade
Meridionali as a result of the settlement deal.
(Reporting by Stephen Jewkes, editing by Elisa Anzolin)
((stephen.jewkes@thomsonreuters.com; +39.0266129695; Reuters
Messaging: stephen.jewkes.thomsonreuters.com@reuters.net))