March 28, 2018 / 4:16 PM / in 7 months

Italian state lender willing to consider Alitalia investment

MILAN (Reuters) - Italian state lender CDP is willing to sit down with a potential buyer of loss-making airline Alitalia to discuss a possible financial partnership, but only within the company’s limits, CDP Chairman Claudio Costamagna said on Wednesday.

An Alitalia passenger aircraft takes off at Fiumicino International Airport in Rome, Italy January 15, 2018. REUTERS/Max Rossi

Germany’s Lufthansa (LHAG.DE), British low-cost carrier easyJet (EZJ.L) and U.S. private equity fund Cerberus are among parties that have expressed interest in Alitalia, which was put under special administration last year after staff rejected a plan to cut jobs and salaries.

Separately, CDP’s CEO Fabio Gallia said the state lender was ready, if necessary, to take a stake in Italian steel plant Ilva, which is the target of a 1.8 billion euro bid by the world’s largest steelmaker ArcelorMittal (MT.AS).

Reporting by Paola Arosio and Luca Trogni, writing by Agnieszka Flak, editing by Valentina Za

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