India Broadband Forum
Italy to sell a stake in loss making Alitalia SpA
This is a discussion on Italy to sell a stake in loss making Alitalia SpA within the News and Views from the Business World forums, part of the News and views category; The Italian government has said that they are planning to sell off a stake in the unprofitable national airline Alitalia ...
| |||||||
| News and Views from the Business World Find breaking news, multimedia, reviews & opinion on business, sports, movies, travel, books, jobs, education, real estate, cars & more. |
 |
| LinkBack | Thread Tools | Display Modes |
12-07-06, 09:03 AM
| #1 |
| Guest
Posts: n/a
|  Italy to sell a stake in loss making Alitalia SpA The Italian government has said that they are planning to sell off a stake in the unprofitable national airline Alitalia SpA. The aim is to keep the airline company afloat and this might give a chance to Air France-KLM Group to take over the operations of the Alitalia. The office of Prime Minister Romano Prodi spoke on this decision: “The strategic recovery of Alitalia cannot be done without the entry in the company’s capital of new industrial and financial partners.” Italy has a 49.9% stake in the company, which is said to be worth around 655 million Euros. This decision to sell off a stake in the company is also expected to bring a change in the management of the company. |
 |
|
| Tags |
| italy, loss, making, sell, stake |
« Reva Electric Car Company receives investments worth $20 million
|
Walt Disney to cut jobs at their animation unit »
| Thread Tools | |
| Display Modes | |
Linear Mode
| |
All times are GMT +5.5. The time now is 01:20 PM.
