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Eng: Franco, objective to conclude the sale in June

2022-05-10T14:16:47.397Z


The Mef "with the assistance of the advisors selected in March immediately started the divestment process: a private negotiation was chosen, the sale calendar defined. The goal is to conclude in June. (ANSA)


(ANSA) - ROME, MAY 10 - The Mef "with the assistance of the advisors selected in March immediately started the divestment process: a private negotiation was opted for, the sale calendar defined. The goal is to conclude in June. expressions of interest "which are MSC / Lufthansa, Indigo Partners (Wizz Air) and Certares (AirFrance / Delta. Binding offers are expected by 23 May.


    This was stated by the Minister of Economy, Daniele Franco, during a hearing at the Transport Commission of the Chamber.

"The outcome of the Ita sale is not taken for granted, we will see. Someone has formulated preferences but the sale is made by the Mef, we will see the 3 subjects that I hope will all present proposals, we will see who will present the most valid offers for the country in the broad and not just financial terms ".

Franco specified that the amount of the minority share that the state will keep in Italy will amount and the time it will remain in the shareholding "we will see".

"It is not that the State leaves and whoever has seen has seen, it is a process that must be followed for a period that can also be long".


    Finally, the capital increase of Ita "will in any case be paid this year, not now because now there is no


   The company had $ 4-500 million in cash before this year's losses.

When needed, we will proceed quickly to join the fund ". (ANSA).


Source: ansa

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