Italian Treasury: Percent and Italian Media

italian treasury: According to previous media accounts, the Italian Treasury would take another 15 percent, while discussions were held with the U.S. airline Delta to take another 15 percent, according to The Japan Times. Investors willing to buy into the outstanding 40 percent had until late Sunday to make their interest known to the bank handling the rescue, Mediobanca. The companies are said to be ready to partner with Italy's state railway, Ferrovie dello Stato FS which is to present its formal rescue plan for the airline on Monday, the reports said. ; That plan has been pushed back several times as discussions were held to bring various investors on board with FS, which has said it does not want to hold more than 30 percent of Alitalia. Italian media citing sources in the bank said four offers had been received. The other putative investors were Toto, a public works construction firm and expressway operator that had in the past run a domestic airline that competed with Alitalia; the boss of the Lazio Football Club, Claudio Lotito; and Brazilian tycoon German Efromivich, who is the principal stakeholder in Colombian airline Avianca. The main one was from Atlantia, a major operator of toll expressways and airports that is part of the Benetton group best known for its clothing brand, which reportedly will take 35 percent in Alitalia, worth more than 300 million 340 million . Atlantia has already twice injected money into the airline, which has long been struggling with debt. (news.financializer.com). As reported in the news.

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