MILAN, Feb 6 (Reuters) - Italian airports holding Gemina said it has started “an analysis of industrial, operating and financial merits” of a possible merger with motorway group Atlantia.
“Relevant analyses are expected to be completed by mid-March 2012,” the company said in a slide presentation posted on its website.
Gemina is holding a conference call with analysts to discuss its 2013-2016 business plan on Wednesday, as well as the possible merger with Atlantia.
Atlantia plans to make a paper-only offer for airport group Gemina to avoid an increase in its 10 billion euro debt. (Reporting by Jennifer Clark)