Atlantia risks going bankrupt if Italy's government revokes its motorway li...
) risks going bankrupt if Italy’s government revokes its motorway license with limited compensation, the infrastructure group’s CEO told an Italian daily on Saturday, adding an alternative compromise could be found.
The group, controlled by Italy’s Benetton family, manages the country’s biggest toll-road network, spanning 3,000 km. Late on Friday, credit rating agency Moody’s downgraded Atlantia for the second time in a month, pushing its debt further below the investment grade threshold. “All I can say is that we’re ready to continue discussions with the government to avoid destroying a piece of the country’s industrial heritage,” he said.
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