|Bid||6.82 x 948200|
|Ask||6.83 x 1900800|
|Day's Range||6.76 - 7.05|
|52 Week Range||5.24 - 12.96|
|Beta (5Y Monthly)||1.70|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar. 03, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||May 08, 2019|
|1y Target Est||6.08|
ROME (Reuters) -Shipping company MSC, which has teamed up with Lufthansa on a potential bid for Alitalia successor ITA Airways, wants a majority stake in the airline and to run the carrier itself, its chairman was quoted as saying on Thursday. State-owned ITA, which has replaced cash-strapped Alitalia and started flying in October, has already been looking for equity partners. On Monday MSC, controlled by the Aponte family, and Lufthansa said they were interested in ITA and had asked for a 90-day exclusivity period to study a deal.
(Bloomberg) -- Mediterranean Shipping Co. said it’s seeking a controlling stake in new Italian flag carrier ITA Airways through a deal that would also include Deutsche Lufthansa AG.Most Read from BloombergStocks Storm Back From 4% Rout to Close Higher: Markets WrapStocks Slide as Fed, Russia Keep Traders on Edge: Markets WrapNvidia Quietly Prepares to Abandon $40 Billion Arm BidThis Red-Hot Housing Market Is Betting Interest Rates Will Never RiseBiden Bristles at Fox Inflation Query With Hot-Mic
ITA Chairman Alfredo Altavilla has welcomed an approach by Swiss-based shipping group MSC and German carrier Lufthansa to buy the majority of Alitalia successor ITA Airways, he told Germany's Handelsblatt. "I am very pleased about this expression of interest," Altavilla told the Handelsblatt daily.