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MSC and Lufthansa rejected as buyers of Italian state airline ITA

The Italian government, surprisingly, has chosen to pursue negotiations with a US private equity firm on a partial privatization of state aviation company ITA, sidelining the alliance that is MSC and Lufthansa.

Photo: Remo Casilli/Reuters/Ritzau Scanpix

The world’s largest container shipping company, Swiss-Italian MSC; and German airline Lufthansa won’t be taking over a majority stake in Italian state aviation company ITA, as announced by Italy’s finance ministry on Wednesday.

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