October 30, 2018 / 10:05 PM / 21 days ago

Italian state railways says will make offer to buy Alitalia

FILE PHOTO: A logo of Italian state railways "Ferrovie dello Stato" is seen at the Tiburtina rail station in Rome, Italy, April 1, 2016. REUTERS/Alessandro Bianchi/File Photo

ROME (Reuters) - Italy’s state-controlled railways Ferrovie dello Stato (FS) IPO-FERRO.MI will make an offer to buy assets of national carrier Alitalia, the company said in a statement on Tuesday.

The decision was taken at a board meeting.

FS did not say what, if any, conditions it would attach to its offer and did not specify if it planned to buy all of Alitalia’s business operations.

Reporting by Crispian Balmer

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