Impregilo consortium on Panama Canal short list

Tuesday, April 21 2009 @ 04:23 PM UTC

Contributed by: Don Winner

MILAN, April 21 (Reuters) - An international consortium including Italy's biggest builder Impregilo (IPGI.MI) is among the three shortlisted groups for a contract to expand the Panama Canal, Impregilo's vice chairman said on Tuesday. "There is a shortlist of three groups. Envelopes are expected to be opened in May," Antonio Talarico said on the sidelines of Milano Assicurazioni's ADM.MI shareholder meeting. Talarico said the contract was worth $3.7 billion and that Impregilo's share was 37 percent. (Reporting by Gianluca Semeraro)

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