Lufthansa, easyJet submit revised offers for Alitalia

Lufthansa has joined easyJet in expressing interest in struggling Alitalia, the airlines said on Tuesday. EasyJet said it has submitted a revised expression of interest for a restructured Alitalia as part of a consortium, declining to provide further details. Lufthansa then said it has submitted a document setting out its ideas for a “new” Alitalia. “We can imagine further talks being held on this basis,” a spokesman said. Alitalia said it had received three bids. Lufthansa had previously said it would only be interested in a restructured Alitalia. Bloomberg News, citing a source, reported that easyJet is teaming up with private equity firm Cerberus and Air France-KLM for its bid for Alitalia, but Air France-KLM said it had no interest in bidding. “Air France-KLM denies any interest to do a bid on Alitalia,” a spokeswoman for the Franco-Dutch group said by email when asked about the report.<br/>
Reuters
https://www.reuters.com/article/us-alitalia-m-a-lufthansa/lufthansa-easyjet-submit-revised-offers-for-alitalia-idUSKBN1HH3AC
4/11/18
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