Hungarian privatization agency APV is seeking to buy back Alitalia's 30% stake in Malev Hungarian Airlines so it can sell the shares to other investors. The Hungarian government is expected to approve the transaction this month, and talks with Alitalia on the buy-back price would follow. The Italian flag carrier paid $77 million for the stake at the end of 1992. Almost five years after their capitalistic linkup, the companies have failed to develop a real partnership. Hungarian sources ...


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