ROME May 14 Italy's competition authority said
on Tuesday it had approved the merger of toll motorway group
Atlantia and Gemina, the holding company that
runs Rome's airports.
Atlantia agreed in March to buy Gemina in an all-share deal
to create one of the biggest European motorway and airport
groups with businesses in Italy and Latin America.
The new group will have a market value of over 10 billion
euros ($12.98 billion) and will be controlled by Italy's
prominent Benetton family through its infrastructure holding
($1 = 0.7705 euros)
(Reporting By Stefano Bernabei and Catherine Hornby)