Impressive rally this morning for the Impregilo stock, which by mid-morning gained more than 17 points on the stock market, with shares trading at almost three and a half euros. Just today the general contractor disconnects a mega coupon from 1,49 euros for the ordinary shares and from 1,594 euros for the savings shares in the wake of the takeover bid by the Roman builder Salini, which, as announced last Friday, completed the operations to hold 89,7%, reconstituting the free float of the title.
However, another piece of news that arrived last Friday is driving the group's shares in the first place. It's about a big deal. Impregilo, as leading partner in a pool of companies, has been awarded the contract by the Qatar Railways Company to design and build the Red Line North Underground in Doha, a line which will run for approximately 13 km from the Mushaireb station in a northerly direction thanks to the construction of 7 new underground stations. The Italian company has entered into a 1,7 billion euro deal.
