Alitalia's State Ownership To Drop To 60 Percent

Alitalia plans to raise its capital by 2,750 billion lire (US$1.6 billion) in March and April 1998, the Italian airline company said last week in Rome. The recapitalization was authorized July 15, by the European Commission. So far, Italian state holding company Istituto di Ricostruzione Industriale...

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