Italy's Astaldi gets go-ahead to rescue plan from creditors
Share:
MILAN (Reuters) - Astaldi creditors gave the green light to a plan to rescue the ailing Italian construction company on Thursday in a move paving the way for a tie-up with bigger rival Salini Impregilo .In a statement Astaldi said a majority of creditors had voted in favour of the plan, confirming what a source previously told Reuters.A court is now expected to give its final approval to the plan in the next few months. That will allow Salini Impregilo to buy a majority stake in Astaldi to..