Italy Autostrade aims to hike tariffs 1.5 pct Jan

Newswire

MILAN, Dec 23 (Reuters) - Italy's biggest toll-road operator, Autostrade , said on Monday it would hike tariffs by 1.52 percent as of the start of next year if a government committee approves the move. Autostrade shares have lost about 2.4 percent of their value over the past month partially on concerns that the government body might not approve the tariff hike, which would have a negative effect on the company's revenues. Autostrade said in a statement it had agreed the hike, needed to ...

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