TPG out of race for Alitalia, leaving five players-World

Agencies & Partnership

Company Directory

Our Global Network

About Us

Search:

Home > Resources > News > Logistics > World

TPG out of race for Alitalia, leaving five players

POSTED: 2:33 p.m. EDT, October 25,2007

US private equity firm TPG, which Alitalia identified among possible buyers, was not currently able to form a sufficiently Italian-based consortium to invest in the ailing airline.

TPG was short listed by Alitalia among six potential investors after an auction to sell the state's 49.9 percent stake in the airline collapsed in the summer.

From: cargonewsasia
Print | Save

RELATED

· Milan flights grounded as Alitalia workers strike (2007-10-24 11:55:00)

· Alitalia to hit dead end without partner (2007-10-12 17:28:00)

· Scramble soon for Alitalia’s Heathrow slots (2007-9-17 17:00:00)

· Alitalia's losses more in Q1 (2007-5-25 11:04:00)

· Alitalia Cargo announces new route to Miami (2007-5-17 9:48:00)

· Italian Transport Minister wants Treasury to maintain Alitalia stake (2007-1-31 14:10:00)

· Air France not interested in loss-making Alitalia, for now (2007-1-30 11:14:00)

· European and American trade negotiators (2007-1-22 14:39:00)