Italian TM sees revised concession for Autostrade signed in coming days

On Tuesday, Italy’s Transport Minister Paola De Micheli said that she was confident that ongoing talks with Autostrade per l’Italia, the motorway unit of Benettton-led Atlantia, would lead to parties signing a revised concession in the coming days.

“Tomorrow we will define all the aspects needed for signing the additional document. It will take place within a few days,” De Micheli said in press statements.

After months of dispute, the government recently reached a preliminary compromise that left Autostrade with the concession but forced Atlantia to hand over control to state lender CDP and allied investors.