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Lufthansa dismisses report it may bid for Alitalia stake

18 January 2007

Deutsche Lufthansa AG has dismissed as ”pure speculation” a report in the La Stampa daily it is considering bidding for a stake in ailing Italian carrier Alitalia SpA.”This is pure speculation,” a Lufthansa spokesman said.

The Italian government has invited interested parties to present bids for a stake of between 30.1 pct and 49.9 pct in Alitalia by Jan 29.

In early December, Lufthansa’s head of marketing and sales, Thierry Antinori, said his company was not interested in taking a stake in Alitalia because the German airline already has a presence in the Italian market.

source: Forbes

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