ITALY: German insurance company Allianz has acquired an 11·5% stake in high speed open access operator NTV-Italo from Global Infrastructure Partners.
Allianz is now the second largest stakeholder after GIP, ahead of co-founders Luca Cordero di Montezemolo and Gianni Punzo, Isabella Seragnoli, Flavio Cattaneo, Alberto Bombassei and Fund Peninsula.
ITALY: Global Infrastructure Partners has entered into a binding agreement to sell an approximately 50% stake in open access high speed train operator Italo-Nuovo Trasporto Viaggiatori to Mediterranean Shipping Co. The other approximately 50% stake will continue to be owned by New York based investor GIP, ...
ITALY: From November 10, high speed open access operator Italo-NTV will cut back its services to a bare minimum because a second national lockdown needed to combat Covid-19 has caused demand to collapse.
ITALY: Open access high speed train operator Italo has signed a €1·1bn syndicated loan, which CEO Gianbattista La Rocca said was the world’s largest green loan in the transport sector. The proceeds will be used to refinance €900m of existing green investments on better terms, and to ...
