Source: www.reuters.com

1 Min Read

ROME (Reuters) - Italy’s government aims to sell state-owned ITA Airways by the end of June after a deadline for binding offers of May 23, Economy Minister Daniele Franco said on Tuesday.

Under a government decree, Rome plans to privatise ITA through a direct sale while retaining a minority, non-controlling stake in a first stage.

Reporting by Giuseppe Fonte; Editing by Keith Weir