Atlantia to discuss motorways demerger, Telepass on Thursday – sources

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The sources also said the infrastructure group was expected to give a short extension to exclusive talks with Partners group for the sale of its toll-road payment business Telpass.

Atlantia was not immediately available for comment.

Atlantia owns 88% in Autostrade, which runs half of Italy’s motorway network, with Germany’s Allianz (DE:ALVG) and China’s Silk Road holding the rest.

The reorganisation of Atlantia’s motorway assets is at the centre of tough negotiations between the group and Italian state lender CDP to end a dispute triggered by the deadly collapse of a bridge run by Autostrade.