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, under pressure from Rome to commit to a merger with Alitalia, announced exploratory talks with the ailing carrier on Thursday but reaffirmed conditions for a deal.Comment
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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.
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Air France-KLM confirms it is looking at the possibility of joining forces with Spanish airline Iberia.
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Air France-KLM plans to keep Alitalia  (AZPIa.MI) as a separate company overseen by a board of  trustees once it has taken over the Italian airline, according  to a news report on Sunday citing details of the French offer.
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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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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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Al Tesoro francese per acquisto titoli Galeries Lafayette
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Alitalia intanto ha convocato sindacati presenti in azienda
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Una nota di Palazzo Chigi precisa i termini definitivi, dopo il cda del 21 dicembreMa il mercato crede alla possibilitÃ  di un compromesso tra Air France e AirOne                                          Alitalia: "Decisione entro gennaio" Azioni in rialzo su ipotesi accordo
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The French government has announced its selling 17.7 percent of Air France-KLM Group, the manager of the sale said. France is going to sell â¬693 million of the Europe&#39;s biggest airline, or $922 million of
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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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Air France KLM , under pressure from Rome to commit to a merger with Alitalia, announced exploratory talks with the ailing carrier on Thursday but reaffirmed conditions for a deal.
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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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French airline Air France-KLM is preparing a takeover offer for Spanish peer Iberia with several Spanish partners who will take a majority stake in the group, a Spanish newspaper reported on Wednesday.
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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 French government asked two banks, France&#39;s Societe Generale SA and the Netherlands&#39; ABN Amro Holding NV, to handle the sale of the Air France-KLM stake involving some 48 million shares, according to a Finance Ministry spokesperson.