Italian post office may join consortium to acquire Alitalia

Poste Italiane may join a consortium of Italian investors to acquire Alitalia SpA as the state-owned post office seeks to grow its cargo business, the daily Finanza & Mercati said in an unsourced report.

The newspaper said Francesco Pizzo, the head of Poste Italiane’s airline unit Mistral, had indicated a few months ago the company was interested in Alitalia’s cargo business and its logistics base at the Malpensa airport in Milan.

Poste Italiane may join a consortium of Italian investors to acquire Alitalia SpA as the state-owned post office seeks to grow its cargo business, the daily Finanza & Mercati said in an unsourced report.

The newspaper said Francesco Pizzo, the head of Poste Italiane’s airline unit Mistral, had indicated a few months ago the company was interested in Alitalia’s cargo business and its logistics base at the Malpensa airport in Milan.