Air France-KLM and Delta retained by Rome for a majority stake in ITA Airways – 08/31/2022 at 11:21


(AOF) – In Rome, the Ministry of Economy and Finance announced that an exclusive negotiation phase was opening with the Certares investment fund allied to the airlines Air France-KLM and Delta concerning their acquisition of a stake. majority stake in ITA Airways (formerly Alitalia). The offer was deemed to be more in line with the objectives set by the Prime Minister’s decree of February 11, 2022. At the end of the exclusive negotiations, binding agreements will only be signed if their content is fully satisfactory for the public shareholder.

The takeover offers submitted valued the Italian company at 950 million euros, recalled the daily Les Echos in its August 24 edition. Opposite the trio formed by Certares Air France-KLM and Delta, there was also the duo combining the cruise line MSC and the German airline Lufthansa.



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