Ashurst advised Astaldi S.p.A. on the sale of 36.7 per cent stake in M5, the operator of Milan's metro line 5, to Ferrovie dello Stato, the Italian state-controlled railway company. Metro line 5 is the most recent and advanced, and fully automated metro line in Italy.

The Ashurst team was led by Milan-based partner Franco Vigliano, assisted by counsels Annamaria Pinzuti, Elena Giuffrè and Fabio Balza, together with senior associate Federica Periale and associate Rosario Morasca.