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Alitalia shares suspended until further notice - bourse
Alitalia shares suspended until further notice - bourse05-Jun-2008 |
Airline Code [AZA]
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Tags :Continental Europe, Alitalia (XFN Asia) The Milan bourse said that Alitalia SpA shares, convertible bonds and the relative derivatives instruments are suspended from trading until further notice. Since the beginning of April, when talks for Air France-KLM to take over the Italian carrier failed, Alitalia shares have been trading in a single auction. The market regulator, Consob, previously said it would examine, along with the bourse, the possibility of suspending trading in Alitalia because of government plans to limit information disclosure. In a decree outlining the privatisation process for Alitalia, the government said it has identified a potential buyer for Alitalia, and that there will be no obligation to release information regarding the elaboration of the takeover offer.
Date posted: 05-Jun-08 |
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