(Reuters) - Aeroflot has already denied one report by Interfax that it
had pulled out of the bidding for the Italian government's 49.9
percent stake but its lukewarm enthusiasm has added to
investors' fears that the sale could collapse.
Aeroflot, which is backed by Italian bank UniCredit
, has expressed concern about the price tag and about
Alitalia's finances, while a 30 percent shareholder in the
Russian firm has said he is "negative" about the deal.
Read more at Reuters.com Mergers News
had pulled out of the bidding for the Italian government's 49.9
percent stake but its lukewarm enthusiasm has added to
investors' fears that the sale could collapse.
Aeroflot, which is backed by Italian bank UniCredit
, has expressed concern about the price tag and about
Alitalia's finances, while a 30 percent shareholder in the
Russian firm has said he is "negative" about the deal.
Read more at Reuters.com Mergers News
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