Alitalia plan to raise capital could run into difficulties

Article Abstract:

Italian airline Alitalia Linee Aeree Italiane S.p.A. announced plans to raise funds and reduce jobs in the coming months, but the company has not yet provided specifics. However, according to union officials who have spoken with management, the airline wants to raise up to 1.5 bil euro and cut up to 1,000 jobs.

Financial management, Personnel administration, Finance, Company financing, Downsizing

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Alitalia plans wide sale talks

Article Abstract:

Alitalia Linee Aeree Italiane S.p.A. is negotiating a potential sale of the airline to six possible buyers, including European carriers Deutsche Lufthansa AG and Air France KLM S.A., private equity company TPG Inc., and a group of investors headed by Antonio Baldassarre, an Italian businessman.

Investment Offices, Investment Companies, Open-End Investment Funds, Investment Funds & Trusts, Germany, Deutsche Lufthansa AG, Air France KLM S.A.

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Balmain makes bid for Mugler couture

Article Abstract:

Clarins S.A. has received an acquisition bid from the Balmain fashion house for its Thierry Mugler haute-couture unit. The unit has been an unprofitable one for Clarins.

France, Parent-to-subsidiary activities, Subsidiary-to-parent activities, Clothing industry, Fashion designers, Clarins S.A., Textile and clothing industry software, Subsidiaries, divisions and units, Thierry Mugler, Balmain

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