FILE PHOTO: The logo of an infrastructure group Atlantia is seen outside their headquarters, in Rome, Italy October 5, 2020. REUTERS/Guglielmo Mangiapane/File Photo
March 16, 2022
By Giuseppe Fonte and Angelo Amante
ROME (Reuters) – Italy’s audit court wants more clarification from the government before approving the sale of Atlantia’s unit Autostrade per l’Italia (ASPI), sources told Reuters, in a move that complicates a deal worth more than 8 billion euros ($8.80 billion).
Atlantia signed an agreement in June to sell its controlling stake in Autostrade to a consortium comprising state lender Cassa Depositi e Prestiti (CDP) and investment funds Blackstone and Macquarie.
A so-called precautionary legitimacy check from the audit court is needed before finalising the deal.
Its magistrates are seeking more details from the government and have asked top officials to…
