Under the terms of the deal, Atlantia would consolidate the jointly acquired Abertis business, the source with knowledge of the matter added.

Atlantia, controlled by the Benetton family, and ACS, led by Real Madrid soccer club Florentino Perez, signed a deal to jointly take over control of Abertis, a source said, ending a four-month bidding war for the Spanish group.

(Reporting by Stefano Bernabei, writing by Giulia Segreti; Editing by Crispian Balmer)