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New Deal


Announced

Ferrovie dello Stato and Delta Airlines to acquire Alitalia.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Pending

Italy

Airlines

Acquisition

airline operation

Private

Single Bidder

Friendly

Majority

Synopsis

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Ferrovie dello Stato, a state-owned holding company that manages infrastructure and services on the Italian rail network, and US-based airline Delta Airlines made a bid for Alitalia, the former flag carrier of Italy. Financial terms were not disclosed. Atlantia, controlled by the Benetton family, faces the loss of its entire national motorway concession in a bitter dispute with the government, which erupted after last year’s disaster on its toll network killed 43 people, could join a rescue of loss-making flag carrier Alitalia.

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