MILAN, Dec 10 (Reuters) - The final details of a partnership agreement between the CAI consortium taking control of Italy's Alitalia and Air France-KLM will be agreed on Wednesday, business daily MF said in an unsourced report.
Under the agreement, Air France will buy a stake in the new Alitalia of slightly more than 20 percent for 250 million euros ($321.8 million), MF said in an unsourced story.
La Repubblica said a deal could be imminent.
A source close to the operation told Reuters on Tuesday that CAI Chief Executive Rocco Sabelli and Air France-KLM Chief Executive Jean-Cyril Spinetta would meet on Wednesday in Milan.
CAI is looking for an industrial partner for Alitalia and is in talks with Air France-KLM and Germany's Lufthansa.
A spokesman for Air France-KLM had no comment.
(Reporting by Danilo Masoni, editing by Will Waterman) ($1=.7768 Euro) Keywords: ALITALIA/AIRFRANCE (danilo.masoni@thomsonreuters.com; +39 02 661 29 734; Reuters Messaging: danilo.masoni.thomsonreuters@reuters.net) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Under the agreement, Air France will buy a stake in the new Alitalia of slightly more than 20 percent for 250 million euros ($321.8 million), MF said in an unsourced story.
La Repubblica said a deal could be imminent.
A source close to the operation told Reuters on Tuesday that CAI Chief Executive Rocco Sabelli and Air France-KLM Chief Executive Jean-Cyril Spinetta would meet on Wednesday in Milan.
CAI is looking for an industrial partner for Alitalia and is in talks with Air France-KLM and Germany's Lufthansa.
A spokesman for Air France-KLM had no comment.
(Reporting by Danilo Masoni, editing by Will Waterman) ($1=.7768 Euro) Keywords: ALITALIA/AIRFRANCE (danilo.masoni@thomsonreuters.com; +39 02 661 29 734; Reuters Messaging: danilo.masoni.thomsonreuters@reuters.net) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.