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Atlantia stock price erases losses on a deal with Italy’s government

By: Invezz

Atlantia (OTCMKTS: ATASF) stock price closed the week in the green despite gaping 15% lower on Monday. Atlantia, the infrastructure giant controlled by the billionaire Benetton family, agreed to sell its highway business to the Italian government. Fundamental analysis: Benetton family loses the motorway business The influential Italian Benetton family will let its toll road business become part-nationalised, two years after the deadly collapse of a bridge in Genoa, said the government on Wednesday. Italian motorway management company Autostrade Per l’Italia has been considered guilty for the bridge collapse accident in Genoa in 2018 for poor bridge maintenance. The bridge

The post Atlantia stock price erases losses on a deal with Italy’s government appeared first on Invezz.

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