Brazil's CCR says it won't oppose revocation of subway line concession
Recasts with statements from CCR and state government
SAO PAULO, July 12 (Reuters) -Brazilian infrastructure firm CCR CCRO3.SA will not object to the revocation of itssilver line subway concession in Sao Paulo, according to statements from the firm and from the state government on Friday.
Local newspaper Folha de Sao Paulo reported earlier on Friday that Sao Paulo state will rescind the contract.
CCR won the silver line concession in 2019, but the contract was never ratified amid a court dispute.
Reporting by Andre Romani; Editing by Anthony Esposito
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