Italy's RCS says in talks to sell property to Blackstone
MILAN (Reuters) - Italian publisher RCS MediaGroup (RCSM.MI) said on Wednesday it was in exclusive talks with Blackstone Group International Partners LLP, a UK subsidiary of the U.S. private equity group (BX.N), for the sale of its property in via San Marco in Milan.
RCS also said it had finalized the sale of its 54.6 percent stake in internet company Dada SpA (DA.MI) to Orascom TMT Investments (OTMT.CA).
(Reporting by Agnieszka Flak, editing by Stephen Jewkes)
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.