PLUS1
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Air France KLM | EU:AF | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.0095 | 0.6% | 1.5865 | 1.575 | 1.5885 | 1.5865 | 1.5585 | 1.5785 | 8,604,385 | 16:40:00 |
Air France-KLM Says It Won't Take Stake in ITA as Part of Potential Deal
31/08/2022 4:41pm
Dow Jones News
Air France KLM (EU:AF)
Historical Stock Chart
From Aug 2022 to Feb 2023
By Cristina Roca
Air France-KLM said Wednesday that it isn't planning on investing in ITA Airways' capital as part of a potential deal to privatize the Italian flag carrier.
"Air France-KLM Group could consider in the medium term to take a minority stake in ITA," it added.
The Italian Finance Ministry said earlier on Wednesday that a joint bid by the Franco-Dutch airline, Delta Air Lines Inc. and investor Certares Management LLC would enter exclusive talks to take control of ITA, the successor to Alitalia.
Air France-KLM said both itself and Delta are commercial partners in the consortium, while Certares--which leads the consortium--is an equity partner.
Write to Cristina Roca at cristina.roca@wsj.com
(END) Dow Jones Newswires
August 31, 2022 11:26 ET (15:26 GMT)
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