Alitalia’s board of directors has approved a €500 million ($675.9 million) emergency rescue plan that will include a €300 million capital increase to be offered in stock options by shareholders and €200 million in new lines of credit, according to a statement issued by the Rome-based airline Friday. The Italian government will participate in the rescue in the form of postal service Poste Italiane, which will guarantee €75 million aimed at helping save the ...

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