Air France-KLM (3112.FR) aims to acquire up to 20% of the new Alitalia SpA (AZA.MI), contributing EUR200 million to the EUR1 billion a group of Italian investors is ready to invest in rescuing the troubled Italian airline, Sole 24 Ore reports Friday, without citing sources.
According to the report, the deal has been discussed informally by Paris and the consortium that offered to take over Alitalia's assets, called Compagnia Aerea Italian, or CAI.
CAI's investors include Italian entrepreneur Roberto Colaninno, controlling shareholder of scooter maker Piaggio SpA (PIA.MI), the Benetton family and Intesa Sanpaolo SpA (ISP.MI), one of Italy's largest banks. CAI plans to spend EUR1 billion on Alitalia's viable assets, including airport slots and newer planes. |
