Skip to main content

Ferrovie dello Stato Italiane to acquire Astaldi stake in Milan Metro line 5

Italian company Ferrovie dello Stato Italiane has agreed to purchase Astaldi’s investment in M5 SpA, concessionaire of Line 5 of the Milan Metro. Line 5 of the Milan Metro links Bignami Parco Nord station to San Siro Stadio station, along a route extending for about 13 kilometres, with 19 stations and a light transport system connected with Milan’s other underground lines. The transaction calls for the sale of a 36.7 per cent stake held by Astaldi in M5. Astaldi will remain a shareholder with a two pe
December 13, 2016 Read time: 1 min
Italian company Ferrovie dello Stato Italiane has agreed to purchase Astaldi’s investment in M5 SpA, concessionaire of Line 5 of the Milan Metro.

Line 5 of the Milan Metro links Bignami Parco Nord station to San Siro Stadio station, along a route extending for about 13 kilometres, with 19 stations and a light transport system connected with Milan’s other underground lines.

The transaction calls for the sale of a 36.7 per cent stake held by Astaldi in M5. Astaldi will remain a shareholder with a two per cent share in M5, ensuring support in developing the activities under its responsibility.

Related Content

  • May 14, 2024
    Asecap Days 2024 conference opens in Milan
    Innovation, environment and resilience will top agenda during two-day event in Italy
  • May 1, 2024
    Asecap Days 2024 in Milan fast approaching
    Make a date from 13-15 May for tolling conference in the Italian city of Milan
  • May 8, 2014
    Swarco acquires British traffic group
    Austrian traffic technology group Swarco has acquired the APT group of companies, creating one of the largest traffic and parking management systems businesses in Europe.
  • October 29, 2013
    Serco extends Dubai Metro contract
    International service company Serco Group is to continue to operate and maintain the Dubai Metro. The company has signed a five-year extension to its contract with the Dubai Government Roads and Transport Authority (RTA) in a deal valued at approximately US$571, with an opportunity to extend for a further two years to 2021. Serco first provided pre-launch consultancy and planning to the RTA from 2007 and began operating and maintaining the initial 10 stations on the Red Line from its official opening an