FS buys stake in Milano metro concessionaire

By 2016-12-13T14:29:00

Milano metro Line 5.

ITALY: State railway group FS is to acquire its first stake in a metro line, with the signing of an agreement to purchase a 36·7% holding in Milano metro Line 5 concessionaire Metro 5 SpA from Astaldi for €64·5m. Astaldi will retain a 2% stake.

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