Benetton Should Sell Autostrade or Lose License, Di Maio Says

  • Italy Foreign Minister Di Maio adds pressure to sell licences
  • Government wants Autostrade to sell stake to Cassa Depositi
Luigi di MaioPhotographer: Alessia Pierdomenico/Bloomberg
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Foreign Affairs Minister Luigi Di Maio warned the Benetton family that it needs to close the sale of a majority stake in its toll-road unit Autostrade per l’Italia SpA or face the revocation of its license to operate toll roads in Italy.

“Either the Benettons leave the company ownership or they will face immediate revocation,” Di Maio said Sunday during a conference of his Five Star Movement party.