Air France details Alitalia bid
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Air France-KLM reveals that its offer for the Italian airline Alitalia is to be structured as a share swap.
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Air France KLM said it is looking at the possibility of a tie-up with Spanish airline Iberia, which is already a takeover target.
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Alitalia's board of directors met on Tuesday to debate which of two rival bidders -- the Italian airline Air One or the European giant Air France-KLM -- is better placed to rescue the near-bankrupt national flag carrier.
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New PARIS: French-Dutch carrier Air France-KLM is in discussions with Italian airliner Alitalia for a possible merger, the former's chief executive officer Jean-Cyril Spinetta revealed.Comment
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Italy's economy minister said Friday he backed Air France-KLM as the preferred bidder for the government's stake in troubled national carrier Alitalia.
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Air France-KLM on Monday detailed its offer to buy Alitalia, including a cash injection and promising no new lay-offs, confirming comments made on Sunday by its chairman to Italian newspapers.
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Five companies were picked by the government as finalists in the bidding for its stake in Alitalia, the ailing state-controlled carrier. The bidders include the Texas Pacific Group, the private equity firm; UniCredit, the bank; as well as financier Carlo De Benedettiâs Management and Capitali, MatlinPatterson Global Advisers; and Carlo Toto, owner of Italyâs No. 2 carrier, Air One, the finance ministry said. They have until mid-April to submit preliminary offers. Italy decided in December to sell its stake in the countryâs largest airline after the government abandoned turnaround efforts. Alitalia last reported a profit in 2002 and has forecast a loss in 2006.
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French and Italian leaders are to discuss the future of struggling airline Alitalia amid talk of an Air France merger.
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BRUXELLES - Otto compagnie aeree europee hanno inviato una lettera al commissario Ue ai Trasporti Loyola De Palacio, in cui viene contestato il piano di ristrutturazione aziendale di Alitalia. Nel documento
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Air France sÃ¬, Air France no. Eâ il nuovo tormentone di fine estate di Alitalia. La nostra compagnia, forse uscita dalle secche di una crisi senza precedenti, discute anche del partner con cui proseguire il cammino.
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The Italian government said Wednesday it would decide by mid-January which of two contenders should take over Italy's ailing flag carrier Alitalia -- European giant Air France-KLM or Italy's Air One.
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Si aggiunge a Air France e Lufthansa, oltre ad Aeroflot
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Alitalia picks Air France-KLM as its top bidder, clearing the way for takeover talks to move ahead.
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EuropeÂs biggest airline said Thursday that it had begun talks that could eventually lead to the takeover of Alitalia, the Italian carrier.
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Parigi, la compagnia franco-olandese rende noti i contenuti dell'offerta non vincolante"Acquisto di tutte le obbligazioni convertibili e investimento immediato di 750 milioni"                                          Alitalia, Air France conferma "Presentata offerta sul 100%"                                                                                  Air One insiste: "Lavoriamo a un'alleanza internazionale. Investiremo 4,3 miliardi" Con l'Ops francese Tesoro al 3,3% del nuovo gruppo. Domani il verdetto in cda
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The Italian government approved exclusive talks between Alitalia and Air France-KLM, paving the way for the sale of the troubled national carrier.
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A â¬700 million (Â£484 million) stake in Air France-KLM was put up for sale by the French Government yesterday, as part of an effort to more than halve its holding in the carrier to below 20 per cent.