June 26, 2020 / 5:19 PM / 17 days ago

Aleatica to buy majority stake in Italian road operator from Intesa

MILAN, June 26 (Reuters) - International infrastructure operator Aleatica said on Friday it had agreed to buy a controlling stake in Italian motorway operator Progetto Brebemi from Intesa Sanpaolo.

Brebemi operates a 62-km motorway that connects Italy’s financial capital Milan with Brescia, another mayor industrialised Italian city. Brebemi’s concession expires in 2040. (Reporting by Elisa Anzolin and Francesca Landini, Editing by Francesca Piscioneri)

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