Financial Times FT.com

Italian unions snub revised Alitalia offer

By Guy Dinmore in Rome

Published: March 28 2008 19:00 | Last updated: March 28 2008 19:00

Italian unions Friday rejected a revised takeover offer for loss-making Alitalia from Air France-KLM, although all but one agreed to hold further negotiations with the prospective buyer on Monday.

Air France-KLM has made its offer conditional on acceptance by all nine unions involved and by the next Italian government.

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