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ITA Airways object of all desires

2022-03-14T16:54:23.871Z


The American fund Certares is in turn interested in the Italian company, born from the ashes of Alitalia.


ITA Airways (ex-Alitalia) arouses envy.

The investment fund Certares entered the running to take a majority stake in the capital of the flag carrier airline of Italy.

He has just sent a letter of intent to this effect to the transalpine authorities.

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This American tourism specialist is not the first to position itself on this issue: at the end of January, a consortium made up of the Italian-Swiss shipowner MSC and the German air carrier Lufthansa had made it known that it wanted to buy more than 50% of ITA Airways.

Another investment fund whose identity we do not know is also in the running.

A multitude of offers, because ITA, which is 100% owned by the Italian State, is for sale.

Its enterprise value is estimated between 1.2 and 1.4 billion euros.

On February 11, Rome endorsed the principle of privatization by adopting “

a decree allowing the start of the process of finding partners for ITA Airways

”, explained Daniele Franco then…

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Source: lefigaro

All business articles on 2022-03-14

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