Benettons’ roads firm fight after Genoa disaster

The Benetton family has said it will fight the Italian government’s seizure of its road-toll assets in the wake of a deadly bridge collapse, in a confrontation between one of the country’s pre-eminent industrial dynasties and populist politicians demanding justice for a disaster that killed 39 people.

Investors in Atlantia, the infrastructure company controlled by the family, faced dramatic losses after the accident ignited a political firestorm. Italian officials said they started the process to revoke the company’s road concession, while the company said it would protect shareholders and bondholders.