MILAN (Thomson Financial) - Alitalia SpA will be restructured in the last weekend of August, leading to the creation of a new airline in which a group of businessmen is expected to invest 1 billion euros, the daily MF said without giving a source.
Between Aug. 29 and Sept. 1, Alitalia will be put into liquidation and its main assets will be transferred to a new company, it said.
The new Alitalia will have Roberto Colaninno as chairman and Rocco Sabelli as chief executive, it added.
The airline is also due to take over its Italian peer AirOne for 300 million euros, the daily said. philip.webster@thomsonreuters.com pw/ejp COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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