Alitalia: Poste Italiane will delay approval on participation in capital increase until after 27 November
Poste Italiane, the Italian post office, will delay until after 27 November approval of its EUR 75m share of a EUR 300m capital increase for Alitalia, the Italian airline, Italian language daily Il Sole 24 Ore reported. The report noted authoritative government sources who said that the decision was to have been taken tomorrow 20 November but that Alitalia's decision to extend its capital increase to 27 November had meant that Poste had delayed the decision.
The report added that an Italian government meeting to Dubai will use the opportunity to discuss with Etihad, the UAE-based airline, on a possible entry into Alitalia.
Source Il Sole 24 Ore