Ita Airways, competition increases: Delta-Msc challenge
The government prepare a Dpcm ad hoc to give the green light to the privatization of Ita Airways. The document will be approved today in the council of ministers and will allow the Italian flag carrier to start negotiations with the brands interested in buying. The news of the day – we read in Repubblica – is the interest shown also by the American giant Delta. The US giant of the skies announced its move to the Italian government, just on the eve of the cabinet of this morning. Thanks to Dpcm, Ita Airways it will be able to open its data room to the company that first expressed an interest in the purchase. IS the MSC Groupof the family Aponte, which came forward on January 24, claiming the majority of the capital. But the government, in the light of decree 332 of 1994, later converted into law, wants the data room is available to other possible buyers, also for the protection of European competition rules.
And among the potential buyers there will be, already in the next few days, – continues Repubblica – too Delta Airlines (ally in Europe of Air France-Klm). Government sources confirm that too two international funds they will ask to enter the Ita data room, which holds the confidential accounts of the company and both industrial plans. It will not enter the data room, however, Lufthansa. At the moment, the German company has not formalized an expression of interest in Ita. Therefore he lacks the legal title to access the reserved “room” of numbers. Msc Group of the Aponte family, which instead wants the majority of Ita, indicates in its expression of interest Lufthansa just like business partner in the operation.
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