Shares in Salini Impregilo rise after deal on Panama Canal

viernes 28 de febrero de 2014 04:13 GYT

MILAN Feb 28 (Reuters) - Shares in Italy's Salini Impregilo rose on Friday after the Panama Canal and a Spanish-led consortium reached a preliminary deal to complete work amid a dispute over $1.6 billion in cost overruns.

The deal foresees the consortium, which is led by Spanish builder Sacyr alongside Italian general contractor Salini Impregilo, finishing work by December 2015.

At 0807 GMT Salini Impregilo shares were up 2.28 percent at 4.67 euros while Milan's bluechip index was flat. (Reporting by Francesca Landini, editing by Danilo Masoni)