Alitalia yesterday accepted nonbinding bids from Air France KLM and Air One parent AP Holding and a consortium led by Italian attorney Antonio Baldassarre, taking a critical step in a protracted effort to sell off a majority stake of the beleaguered airline. Lufthansa, also identified as a possible candidate, opted not to present an offer. AZ said it was committed to "rapidly identifying industrial and financial subjects committed to carry forward Alitalia's restructuring, development and ...

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