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 24, 2022
    London's new £19bn transit line opens
    Elizabeth Line speeds up east-west travel in the UK capital and its surrounding areas
  • February 24, 2014
    Brazil’s PAC 2 US$18 billion highway investment
    Brazil has invested US$18.3bn in federal highway projects during phase two of its growth acceleration plan, PAC, according to the federal government's ninth balance report on PAC 2 works. The report, reviewing phase two's first three years (2011-13) of the four-year program, affirmed that work was carried out on 3,080 kilometres of highway stretches and highlighted various projects which were completed last year. Among them was BR-376 near southern Paraná state's Maringá city, BR-448 known as Rodovia
  • December 5, 2017
    Hamburg’s on-demand alternative to commuting by car
    As Hamburg is confirmed as the host for the 2021 ITS World Congress, David Crawford looks at the city’s moves towards enabling MaaS-type operations. Germany’s second-largest city, Hamburg, is pinning its civic reputation on having its promised all-electric, on-demand, shuttle bus ridesharing service up and running by 2018. Partners in the three-year project are regional metro and bus service provider Hamburger Hochbahn and Volkswagen Group’s Berlinbased mobility innovation subsidiary Moia, which was set
  • April 23, 2024
    Minneapolis-St. Paul’s Go-To gets the Cubic touch
    Contactless fare system is centrepiece of upgrade to transit ticketing in the Twin Cities