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| Name | Symbol | Market | Type |
|---|---|---|---|
| Air France ADS (PK) | USOTC:AFLYY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.023 | -2.09% | 1.075 | 1.05 | 1.10 | 1.10 | 1.06 | 1.10 | 20,170 | 21:03:32 |
From Jun 2022 to Jun 2024
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)
Copyright (c) 2022 Dow Jones & Company, Inc.
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