(Bloomberg) -- OAO Aeroflot, eastern Europe's
largest airline, abandoned a bid for the Italian government's
stake in Alitalia SpA, saying it was denied ``critical
information'' about the company.
``Aeroflot and its advisers have not had access to critical
information with respect to the commercial and operational
aspects of Alitalia's business to confidently formulate a well
supported business proposal to successfully restructure
Alitalia,'' the Moscow-based company said in a statement today.
Read more at Bloomberg Emerging Markets News
largest airline, abandoned a bid for the Italian government's
stake in Alitalia SpA, saying it was denied ``critical
information'' about the company.
``Aeroflot and its advisers have not had access to critical
information with respect to the commercial and operational
aspects of Alitalia's business to confidently formulate a well
supported business proposal to successfully restructure
Alitalia,'' the Moscow-based company said in a statement today.
Read more at Bloomberg Emerging Markets News
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