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

  • On the road with France’s dream peddlers
    September 5, 2022
    Connected cycling is becoming more important in France as the way to keep cyclists from giving up their Covid habit of taking two wheels to work and for pleasure
    Read More
  • Houston’s Metro opts for Init upgrade
    November 24, 2022
    New contract will guarantee ease of travel for riders who do not use electronic payment
    Read More
  • The weighty problem of truck routing enforcement
    March 17, 2015
    The growing impact of heavy commercial vehicles on urban and interurban highway infrastructures around the world is driving the need for reliable route access restriction and monitoring. The support role of enforcement is proving fertile ground for ITS development. Bridges are especially vulnerable – and critical in terms of travel delays. The US state of Oregon’s Department of Transportation (ODOT) operates what it claims is one of the country’s most aggressive truck route restriction enforcement programme
    Read More
  • Thales wins Taipei metro ticketing deal
    November 23, 2023
    Firm will work with MiTac Information Technology Corporation in Taiwan’s capital region
    Read More

Highlighted Content