Atlantia says concession stripping announcement may damage investors


  • World
  • Thursday, 16 Aug 2018

Firefighters and rescue workers stand at the site of a collapsed Morandi Bridge in the port city of Genoa, Italy August 15, 2018. REUTERS/Stefano Rellandini

MILAN (Reuters) - Italy's Atlantia said on Thursday the way the Italian government had announced it would revoke a motorway concession from one of its units following a deadly bridge collapse could damage investors in the infrastructure group.

Italian Prime Minister Giuseppe Conte said on Wednesday after an emergency cabinet meeting that the government would not await the outcome of a criminal inquiry into the motorway collapse that killed 38 people this week before moving to strip Autostrade of its toll concession.

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