U.S. bidder rejoins the auction for Alitalia

Article Abstract:

Matlin Patterson Global Advisors L.L.C., a US asset management firm, has rejoined bidding for Italy's state-owned airline Alitalia S.p.A. after a consortium of which it was a member dropped out. The Italian government reports that Matlin Patterson has an interest in acquiring at least 39.9% of the government's 49.9% stake in the airline.

United States, Strategy & planning, Air Transportation, Scheduled, And Air Courier Services, Italy, Planning, Airlines, Company business planning, Linee Aeree Italiane S.p.A.

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For Morgan Stanley, reach is extended: real-estate arm offers $3.9 billion for Australia firm

Article Abstract:

Morgan Stanley Real Estate has acquired Australia's Investa Property Group in the largest ever overseas purchase of an Australian property firm. The $3.9 bil deal represents a 14% premium on Investa shares, valuing Investa at $5.43 bil.

Other Activities Related to Real Estate, REAL ESTATE, Real Estate Services, Australia, Real estate industry, Investa Property Group, Morgan Stanley Real Estate Co.

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