October 17, 2019 / 9:58 AM / a month ago

Lufthansa willing to take stake in Alitalia - Italian source

FILE PHOTO: Deutsche Lufthansa sign is seen in front of the airport terminal at Cairo International Airport in Cairo, Egypt, July 21, 2019. REUTERS/Mohamed Abd El Ghany

ROME (Reuters) - German carrier Lufthansa (LHAG.DE) has expressed its willingness to take a stake in Alitalia [CAITLA.UL], an Italian source close to the matter said on Thursday.

The size of the investment is still unclear, the source said, adding Lufthansa favoured a solution that would give private shareholders majority ownership of the Italian carrier.

The willingness of Lufthansa to take a stake in Alitalia could change a rescue plan that has been under discussion for months and which was expected to involve state-owned Ferrovie dello Stato, infrastructure group Atlantia and U.S. carrier Delta Air Lines (DAL.N).

Reporting by Stefano Bernabei; writing by Francesca Landini

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