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Ita, from Monday no offers: three are competing for the company

May 17, 2022
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Ita, from Monday no offers: three are competing for the company

The executive president of Ita, Alfredo Altavilla, together with the Minister of Tourism Massimo Garavaglia

Ita, offers until Monday 23 May

One is missing week at the conclusion of the first part of the procedure for the privatization of Ita. In fact, on 23 May, the possibility of submitting binding offers to take over l‘ex-Alitalia. Who will get it? There are currently three offers on the government table. The first is that of the consortium led by Msc with the participation of Lufthansa as an industrial partner. According to rumors, the figure presented should be between 1.3 and 1.5 billion. The second is that of Certaresthat can “triangular“With Delta, Air France And Klm. In this case we are talking about 650 million euros. Finally there is Indigo Partnersa private equity firm that has in its portfolio WizzAir. In this case, the economic details were not disclosed, but it seems that the top management of the Treasury was particularly satisfied.

The next steps

Sources close to Ita report that probably Sara necessary almost everything the month from June for the analysis offers and the decision of the winner. It seems confirmed, among other things, that until then there will be no communications from the company. THE criteria for the selection of the winner will be essentially two: the first la economic evaluation from the company; the second la prospect industrial. This is to protect an asset that is still strategic for the country from any attempts to speculation financial. The Ministry of Economy will maintain a non-controlling stake, to ensure the possibility of correctly addressing the choices of new buyers. The data room, however, is now close to closure.

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