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Atlantia mulls a 35-40% share in Alitalia

Rome - Atlantia  is preparing to enter the game for the rescue of  Alitalia, Il Sole 24 Ore writes. The highway group  controlled by the Benetton family is considering to  present an expression of interest for the share of  missing capital in the Newco Nuova Alitalia

Rome - Atlantia  is preparing to enter the game for the rescue of  Alitalia, Il Sole 24 Ore writes. The highway group  controlled by the Benetton family is considering to  present an expression of interest for the share of  missing capital in the Newco Nuova Alitalia. It is about 35-40% of the capital, corresponding to at least 300  millions Euros. The operation, as collected in the environments  financial, is being evaluated at this time and  would put some stakes.

In particular, we learn, the  participation of the motorway group and the payment of a  check for 300 million in the new company of the company  flag would be conditional on the presentation of a  serious and credible industrial recovery plan.  

Especially since for Atlantia, if the operation does not  suffer sudden slowdowns, this is the third  direct intervention in the tormented history of Alitalia: had  already participated in the two recapitalizations that took place in  during 2008 and later with the advent of Etihad. To the  moment no final decision has been taken, too  because the dossier will be examined Thursday, when it is into the board agenda. Sources close to the motorway group say that “the Alitalia theme does not appear on the order of  day, but we do not exclude that we will talk about it.”

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