AIr France-KLM gives details on Alitalia offer.
AIRLINE INDUSTRY INFORMATION-(C)1997-2007 M2 COMMUNICATIONS LTD
On 17 December Air France-KLM gave details of its offer to buy Alitalia SpA.
The offer includes a cash injection as well as a promise of no new lay-offs. The information confirms comments made by the company's chairman
Additionally, Air France-KLM said that it has made a non-binding offer to acquire all Alitalia shares through an exchange offer. The company would also acquire all of Alitalia's convertible bonds.
There is no information on the share-exchange ratio, the presumed value of Alitalia or a time for the planned offer.
((Comments on this story may be sent to aii.feedback@m2.com))
In addition, make sure to read these articles:
- Alitalia to purchase Gandalf Airlines.
- Amadeus Acquires Airline Automation Inc. -- Leading U.S. Airline Services Provider.
- Swiss to hold merger talks with other carriers.
- Hijacked Alitalia aircraft lands in France.
- Air France chairman optimistic about potential alliance with Alitalia.
- Alitalia reveals latest rescue plan.
- Alitalia looking more certain to join SkyTeam alliance.
- Air France open to alliance with Alitalia.
- Alitalia unveils EUR1.4bn recapitalisation plan.
- Alitalia privatisation plans expected to be laid out this week.
- Canadian Airlines and Alitalia Offer Non-Stop toMilan.
- Canadair CL-415 begins world tour Alitalia assisting in five-month, 21-country TOUwpo.
- Wings Gets Alitalia As AA, UA Attract Asian Allies
- Alitalia not in formal talks with Air France yet.
- Italian government to resume talks on privatising Alitalia.
Email
Digg It
del.icio.us
Related Resources
Business Resources
Sponsored Links
Site Map | Contact Us | FAQs | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy
Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.
© COPYRIGHT 2007 M2 Communications Ltd.
You may not repost, republish, reproduce, package and/or redistribute the content of this page,
in whole or in part, without the written permission of the copyright holder.
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
AllBusiness.com, its parent company D&B, and its affiliates.
