MILAN/ROME Jan 8 Italy's Gemina, the
holding company controlling Rome airport operator ADR, will soon
merge into motorway group Atlantia and their boards
could discuss the plan as early as in February, sources with
direct knowledge of the situation said.
The tie-up of the two companies, both controlled by Italy's
Benetton family, will help ADR roll out a 2.5 billion euro
investment plan to relaunch its Rome flagship airport of
"Parameters will be defined by the end of January," one of
the sources told Reuters.
"It is reasonable to think that a board meeting will be held
in February," a second source said, adding that options for the
deal included a takeover bid and a share offer.
Shares in Atlantia were down 0.4 percent at 1020 GMT on
Tuesday while Gemina shares rose 6.8 percent.
(Reporting by Paola Arosio, Stefano Bernabei, writing by Danilo
Masoni; editing by Antonella Ciancio)