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Eng: Franco, aim to complete the sale in June – Icon News

May 10, 2022
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ROME, MAY 10 – The Mef “with the assistance of the advisors selected in March immediately started the divestment process: a private negotiation was opted for, the sale calendar defined. The goal is to finish in June. 3 expressions of interest “which are Msc / Lufthansa, Indigo Partners (Wizz Air) and Certares (Air France / Delta. The binding offers are expected by 23 May. Economy Minister Daniele Franco said at the hearing to the Transport Commission of the Chamber. “The outcome of the Ita sale is not taken for granted, we will see. Someone has formulated preferences but the sale is made by the Mef, we will see the 3 subjects that I hope will all present proposals, we will see who will present in broad terms and not only financial offers of the most valid offers for the country. “Franco specified that the amount of the minority stake that the state will keep in Italy and the time it will remain in the shareholding structure” we will see. ” comes out and whoever has seen has seen, it is a process that must be followed for a period that can also be long. “Finally, the capital increase of Ita” will still be paid this year, not now because now there is no “It’s a cash problem. The company had 4-500 million in cas.” knows before this year’s losses. When needed, we will proceed quickly to disburse the cash ”. (HANDLE).

(HANDLE)






Tags: aimcompleteEngFrancoIconJuneNewssale

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