Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Alitalia, Meridiana Fly Are in Merger Talks, Messaggero Reports

Feb. 12 (Bloomberg) -- Alitalia SpA and Meridiana Fly SpA are discussing a merger, Il Messaggero reported, without saying how it got the information.

Talks have been in progress for a “few months,” the newspaper said, adding that the airlines’ boards have yet to make a decision about combining.

A merger may take place through a share swap and give the Aga Khan, who controls Meridiana, between 5 percent and 7 percent of Alitalia, according to Messaggero. That would correspond to a valuation of Meridiana of about 100 million euros ($135 million), the paper said.

To contact the reporter on this story: Chiara Remondini in Milan at cremondini@bloomberg.net

To contact the editors responsible for this story: Vidya Root at vroot@bloomberg.net.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.