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Italy minister sees revised concession for Autostrade signed in coming days

FILE PHOTO: A view of the Autostrade per l'Italia headquarters in Rome, Italy, July 21, 2020. REUTERS/Yara Nardi

ROME (Reuters) - Italy's Transport Minister Paola De Micheli said on Tuesday she was confident that ongoing talks with Autostrade per l'Italia, the motorway unit of Benettton-led Atlantia ATL.MI, 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 an interview with private broadcaster LA7.

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.

Reporting by Giuseppe Fonte, writing by Giselda Vagnoni

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