Italy's Atlantia considers stake buy in carrier Alitalia: report

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Italy's Atlantia considers stake buy in carrier Alitalia: report
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Italy's infrastructure group Atlantia is considering to buy a 35-40% stake ...

FILE PHOTO: Alitalia airplanes are pictured at Leonardo da Vinci-Fiumicino Airport in Rome, Italy, March 30, 2019. REUTERS/Alberto Lingria/File Photo

ROME - Italy’s infrastructure group Atlantia is considering to buy a 35-40% stake in troubled carrier Alitalia for an investment of around 300 million euros , newspaper Il Sole 24 Ore reported on Wednesday. The group controlled by the Benetton family would discuss the issue at the board meeting scheduled on Thursday, added the newspaper citing sources close to the company.The industry ministry is leading talks between the administrators managing the loss-making Alitalia and state-owned railway group Ferrovie dello Stato, which is trying to set up a consortium to buy the carrier.

Last month, the government postponed for the fourth time a deadline for Ferrovie to present a binding rescue bid for Alitalia, extending it to July 15.

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