EXCLUSIVE - EU regulators to approve Atlantia, Abertis deal - sources
EXCLUSIVE - EU regulators to approve Atlantia, Abertis deal - sources
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.
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.)
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