Atlantia scraps share buyback lo let units qualify for state-backed loans

MILAN (Reuters) - Atlantia's shareholders on Friday voted to revoke an ongoing share buyback in order to allow group's units access to state-guaranteed loans, the infrastructure group said."This decision is motivated by reasons of prudence, following the emergency situation resulting from the COVID-19 outbreak," the group also said in a statement.Atlantia's motorway unit Autostrade per l'Italia has filed a request to get banking loans for up to 1.25 billion euros guaranteed by state-owned..