Italy's industry minister extends deadline for Alitalia rescue to July 15

Italy’s Industry Minister Luigi Di Maio has postponed for the fourth time a deadline for Ferrovie dello Stato to present a binding rescue bid for troubled airline Alitalia. The extension to July 15 is aimed at giving the state-owned railway company more time to finalize a consortium of partners willingly to invest in the carrier, the ministry said. Ferrovie has been in talks for a month with Delta over Alitalia and this week Lazio soccer club Chairman Claudio Lotito presented an expression of interest for the airline.<br/>
Reuters
https://www.reuters.com/article/us-alitalia-m-a-deadline/italys-industry-minister-extends-deadline-for-alitalia-rescue-to-july-15-idUSKCN1TF2CB
6/15/19