Fresh bid rumours lift Alitalia
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Shares in ailing Italian national  carrier Alitalia surge on speculation that Air France is preparing to bid for the airline.
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Air France KLM, under pressure from Rome to commit to a merger with Alitalia, announced exploratory talks with the ailing carrier toy but reaffirmed conditions for a deal.Comment
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Shares in the near-bankrupt Italian flagship carrier Alitalia rallied nearly 5.0 percent on Thursday as traders predicted a speedy rescue plan.
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Shares in Alitalia rose on Monday after staff agreed job and pay cuts last week to keep the beleaguered airline flying. The firm&#39;s chief executive was holding a final meeting with unions in Rome on Monday
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Italy has allowed U.S. private equity firm MatlinPatterson to re-enter the auction for national airline Alitalia  -- an apparent about-face amid fears that one of the two existing bidders may pull out.
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Alitalia bosses and union and government officials forged a deal early yesterday to save troubled Italian flag carrier Alitalia after thrashing out the details of redundancy payments
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European stocks were higher on Monday as fresh merger talk emerged, boosting the likes of EDP (NYSE:EDP), the Portuguese power generator and Ahold, the Dutch retailer.
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Now, Air France is talking with Alitalia.
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Air France-KLM  declined  comment on Tuesday on the latest in a series of newspaper  reports that it remains interested in bidding for Alitalia  (AZPIa.MI).
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The Italian government has said it has decided to sell a controlling stake in flag carrier Alitalia through &quot;a competitive procedure and direct negotiations.&quot;
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Alitalia's suitors Air France-KLM  and Air One each detailed plans which could nearly double its  capital and promised it new planes on Monday, a day before the  indebted airline's board meets to pick a partner.
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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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MILAN - Alitalia headed into eleventh-hour talks with unions today, a putative deadline for clinching plans to avoid bankruptcy, after winning a key deal with pilots.
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French airline Air France-KLM said Wednesday that it was open to takeover talks with Italy&#39;s troubled Alitalia carrier, which is seeking a buyer, and with Iberia of Spain.
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A new wave of bid activity helped European stock markets defy the gloom in the financial sector this week.
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MILAN, Nov. 23 Â Air France-KLM, EuropeÂs biggest airline, said today that it had begun talks that could eventually lead to the takeover of Alitalia, the Italian carrier.
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Italian airline Alitalia opens its books to suitors but the process has been clouded by worries about its earnings.