New Italian national carrier ITA Airways has received a joint bid from German carrier Lufthansa and Swiss-based Mediterranean Shipping Company (MSC), the world's largest container carrier by operating capacity, to buy a majority stake.
"Both the MSC Group and Lufthansa have expressed the wish that the Italian Government maintains a minority stake in the company," ITA says in a statement. The bidders have requested 90 days of exclusivity to work on the details to submit an expression of interest (EoI).
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