Advertisement
UK markets closed

  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     

  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     

  • AIM

    789.87
    +6.17 (+0.79%)
     

  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     

  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     

  • Bitcoin GBP

    48,576.90
    -1,670.39 (-3.32%)
     

  • CMC Crypto 200

    1,261.13
    -96.88 (-7.13%)
     

  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     

  • DOW

    39,512.84
    +125.08 (+0.32%)
     

  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     

  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     

  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     

  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     

  • DAX

    18,772.85
    +86.25 (+0.46%)
     

  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     
MONEY:

Best savings accounts that offer above inflation rates

How to earn the most interest on your savings

Lufthansa, easyJet submit revised offers for Alitalia

Reuters - UK Focus

(Adds Air France-KLM (Shanghai: 600686.SS - news) denying interest in Alitalia (Stuttgart: 2278962.SG - news) bid)

HAMBURG, April 10 (Reuters) - Lufthansa (Xetra: LHAB.DE - news) has joined easyJet in expressing interest in struggling Italian carrier Alitalia, the airlines said on Tuesday.

EasyJet (Frankfurt: A1JTC1 - news) 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.

ADVERTISEMENT

Alitalia said it had received three bids.

Germany-based Lufthansa had previously said it would only be interested in a restructured Alitalia.

Alitalia entered insolvency proceedings last year and the Italian government has since been seeking new investors. The sale process has been delayed as a result of last month's elections.

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 (LSE: 0LN7.L - news) 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. (Reporting by Victoria Bryan, Tim Hepher, Agnieszka Flak, editing by Larry King and Sandra Maler)