December 17, 2019 / 11:13 AM / a month ago

Shares in Atlantia rise on reduced concerns about concession revocation

MILAN (Reuters) - Shares Italy’s Atlantia (ATL.MI) rose more than 2% with a Milan-based trader citing reports that the Italian government was leaning towards talks with the infrastructure group rather than pressing ahead with revoking its motorway concession.

The stock, which fell to a 10-month low on Dec. 3, was up 2.2% to 21.91 euros at 11 GMT, outperforming Milan's bluechip index .FTMIB.

Reporting by Stefano Rebaudo; writing by Francesca Landini

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