Lufthansa has confirmed that it has
made a joint bid for the Italian state-owned ITA Airways with
shipping group MSC.
The government is seeking to privatize ITA, which replaced
loss-making carrier Alitalia last year, via a direct sale and a
deadline for binding offers ended at midnight.
The State is set to maintain a minority stake in ITA.
A consortium made up of America equity fund Certares, Air
France-KLM and Delta Air Lines is also thought to have made a
bid.
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