(Reuters) - A consortium led by U.S. private equity company Texas
Pacific Group said late on Tuesday it was withdrawing from
bidding for Alitalia.
The pullout leaves Italian airline Air One and Russian flag
carrier Aeroflot vying for Alitalia. Both bids are supported by
Italian banks -- Aeroflot's by UniCredit, and Air One's by
Intesa Sanpaolo.
Read more at Reuters.com Mergers News
Pacific Group said late on Tuesday it was withdrawing from
bidding for Alitalia.
The pullout leaves Italian airline Air One and Russian flag
carrier Aeroflot vying for Alitalia. Both bids are supported by
Italian banks -- Aeroflot's by UniCredit, and Air One's by
Intesa Sanpaolo.
Read more at Reuters.com Mergers News
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