To identify a strategic partner "we begin the process with the external advisor in a typical international M&A mode starting from 16 October". The advisors "we have identified them and they will be announced on the 15th", when Ita will 'take off'. This was stated by the CEO, Fabio Lazzerini, specifying that "we would like to close the alliance in order to have a strong enough collaboration in June of next year. The resumption of traffic will take place at the beginning of the summer and we would like to be ready with a stable alliance ". Regarding the tender for the brand, Lazzerini reiterated Ita's disagreement on the initial "auction value" of 290 million. "It seems to me that the market has shown that no one agreed on that value, since no one responded to the tender",he explained adding that "we still don't know what we will call ourselves but we will resolve the matter in the next few days and you will find out on the 15th". Ita will have its "hub at Fiumicino", concluded Lazzerini and considers Linate "strategic", with the aim of connecting it "as much as possible", while "in our plan Malpensa at the moment has only New York" which is anyway " an important "and" daily "flight.in our plan Malpensa at the moment has only New York "which is however" an important flight "and" daily ".in our plan Malpensa at the moment has only New York "which is however" an important flight "and" daily ".
Eng: Lazzerini, advisor to find partners by June
2021-10-09T14:51:01.352Z
To identify a strategic partner "we begin the process with the external advisor in a typical international M&A mode starting from 16 October". The advisors "we have identified them and they will be announced on the 15th", when Ita will 'take off'. (HANDLE)