13 January 2009

Alitalia Opera hits a high note

So bar the shouting it looks like Air France Group will be the right dancing partner for the Italian damsel in distress.
The final price is quite a bit higher than originally thought. The original offer price for the 25% shares was Euro 250 million. The final price is likely to be 300 million Euros and could even could top 325 million if the full incentive kicks in. Of course if history is anything to go by that wont necessarily happen…


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