EU antitrust regulators are expected to clear without conditions Italian infrastructure group Atlantia`s bid for Spanish Abertis to create the world`s largest toll-road operator, three sources with knowledge of the matter said on Tuesday.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

The European Commission is set to announce its approval of the 16.3-billion-euro ($19.2 billion) deal on Friday, the sources added. The EU competition authority declined to comment. Atlantia unveiled the cash and equity bid in May.

Spanish market watchdog CNMV approved the company`s prospectus on Monday, clearing one of the hurdles to the transaction.

($1 = 0.8479 euros)

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)