United Kingdom

Francesca Landini

Will the Benettons use Alitalia to fly in from the cold?

19 Apr 2019

MILAN/ROME Italian transport group Atlantia could join a rescue of loss-making flag carrier Alitalia to try to win favor with the government and secure the future of its own domestic business following a deadly bridge collapse last year, sources said.

Ferretti's owner aims to list yacht maker, timing to be decided

16 Apr 2019

MILAN Chinese conglomerate Weichai Group, which owns a near 87 percent stake in Ferretti, plans to list the luxury yacht maker but has still to decide a timetable for the deal, the Italian firm's chief executive said on Tuesday.

Ferretti's Chinese owner lines up banks for relisting: sources

12 Apr 2019

MILAN Ferretti's Chinese owner, which is preparing to relist the Italian luxury yacht maker, has lined up Barclays, BNP Paribas and UBS as global coordinators for the share sale, four sources close to the matter said.

Yacht maker Ferretti lines up Barclays, BNP, UBS as IPO advisers - sources

12 Apr 2019

MILAN, April 12 Italian luxury yacht builder Ferretti will name Barclays, BNP Paribas and UBS as global coordinators for its upcoming listing on the Milan stock exchange, four sources said on Friday.

Italy's Newlat eyeing Kraft Heinz's Plasmon after IPO

09 Apr 2019

MILAN Italian food group Newlat, which is planning a Milan listing this year to raise funds for acquisitions, is looking at Kraft Heinz's Plasmon division.

Italy's Ferrovie calls for Alitalia two-month deadline extension - sources

03 Apr 2019

MILAN/ROME The company spearheading the search for partners to rescue airline Alitalia has asked the Italian government to postpone the deadline for binding offers by two months, two sources close to the matter said on Tuesday

Kellogg agrees $1.3 billion cookie sale with Nutella-maker Ferrero

01 Apr 2019

MILAN U.S. food group Kellogg Co has agreed to sell its Keebler biscuits brand and other assets to Nutella maker Ferrero for $1.3 billion (992.59 million pounds) as it focuses on its core cereals and snacks businesses.

UPDATE 1-Poste positive on 2019 as mail and parcel revenue stabilises

19 Mar 2019

MILAN, March 19 Poste Italiane expects operating profit and revenue to grow further this year after improving in 2018 as the former postal services monopoly starts to reap the benefits of a restructuring plan for its mail and parcel business.

Alitalia future uncertain after easyJet exits rescue talks

18 Mar 2019

LONDON/ROME British budget airline easyJet pulled out of talks to rescue Alitalia on Monday, leaving the Italian carrier's future uncertain only two weeks before a deadline to save it.

World News