(Reuters) - M&C and partners private equity firm Cerberus Capital Management [CBS.UL] and ELQ Investors of U.S. investment bank Goldman Sachs had been on the shortlist of potential bidders for the government's stake in Alitalia.
It gave no reason for its withdrawal, but on March 22 De Benedetti had said M&C was pulling out of the due diligence process due to objections from Goldman Sachs and Cerberus to a one-year trading ban on Alitalia shares imposed by the Treasury.
Read more at Reuters.com Mergers News
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