Atlantia adjourns board meeting on CDP bid to Tuesday - sources

Credit: REUTERS/GUGLIELMO MANGIAPANE

Italian infrastructure group Atlantia has adjourned a board meeting started late on Monday to Tuesday as the group is waiting for a proposal from state lender CDP and allied investors to buy its motorway assets, Atlantia's sources said.

MILAN, Oct 19 (Reuters) - Italian infrastructure group Atlantia ATL.MI has adjourned a board meeting started late on Monday to Tuesday as the group is waiting for a proposal from state lender CDP and allied investors to buy its motorway assets, Atlantia's sources said.

CDP has teamed up with investment funds Macquarie and Blackstone on a potential acquisition of Atlantia's 88% stake in Autostrade per l'Italia unit, sources have said.

(Reporting by Francesca Landini, Stephen Jewkes, editing by Elvira Pollina)

((francesca.landini@thomsonreuters.com;))

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