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FS and Astaldi: agreement signed for the sale of M5

Posted: 20 December 2016

Ferrovie dello Stato Italiane and Astaldi have announced they have signed an agreement for the sale of the investment held by Astaldi in M5 SPA, Concessionaire of Line 5 of the Milan Subway.

The transaction calls for the sale of a 36.7% stake (equity and shareholder loan) held by Astaldi in M5, valued at € 64.5 million.

Astaldi will remain a shareholder with a 2% stake in M5, ensuring support in developing the activities under its responsibility.