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Report: Italians Ready for Alitalia Bid



27 March 2008 @ 06:30 am EST

ROME (AP) - Conservative leader Silvio Berlusconi said that energy giant Eni and the Benetton family are among a group of Italian companies he says are interested in making a bid for Alitalia as an alternative to one from Air France-KLM, a newspaper reported Thursday.


ITALY ALITALIA
Alitalia workers stage a demonstration outside the Alitalia headquarters in Rome, Tuesday, March 25, 2008. Italian transport unions were coming under pressure Tuesday to accept a bid for Alitalia by Air France-KLM, with the government again warning the struggling national carrier risks bankruptcy if a deal isn't finalized soon. Air France-KLM chairman Jean Cyril Spinetta was in Rome for another round of talks Tuesday with Alitalia leaders and lab...
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Berlusconi, who opposes the Air France-KLM bid and is campaigning to become the next premier, had said for days that a group of Italian entrepreneurs would come forward to make their own offer for Alitalia. But he had so far failed to identify them.

On Thursday, La Stampa newspaper quoted him as mentioning Eni SpA, the Benetton family of the clothing empire, the Ligresti family, which controls the Italian insurer Fondiaria-SAI, and investment bank Mediobanca SpA.

"In few days the Italian group will come forward and will ask for four weeks to make an alternative offer," Berlusconi was quoted as saying in the newspaper.

Air France-KLM is currently in exclusive talks to take over the ailing Italian airline.

The Franco-Dutch group has said it would present a revised plan Friday, after the current offer was opposed by Italy's powerful labor unions. The unions said they would examine the new proposal either Friday or early next week.

The deadline of Air France-KLM's offer is next Monday and Alitalia said after a board meeting late Wednesday that it had not yet decided whether to extend it.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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