10 OFFERS FOR ALITALIA


The crashing Italian airline Alitalia has received ten non-binding offers for takeover. An informed source reported it to Reuters.

Offers could be submitted by individual businesses and groups of companies. The Italian government does not want Alitalia to be divided, and demands that the buyer be able to secure new prospects for the future. Binding offers will have to be submitted by October.

Since May 2, Alitalia has been under a three-member special administration. Alitalia asked the Italian government for it due to the financial problems. Administrators will notify the Italian Ministry of Industry about the terms of the tender at the end of next week. Once known, the tender will open to other bidders.

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