Alitalia’s Board Seeks Shareholder Approval Of Loan To Boost Liquidity

Alitalia's board of directors has approved a convertible shareholder loan of up to €150 million ($201.2 million) to boost liquidity, and will seek shareholder approval at a general meeting scheduled for Feb. 22. The deal already has the backing on one major investor, Air France-KLM, which says it...

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