MatlinPatterson still interested in Alitalia-source

(Reuters) - MatlinPatterson was the last remaining contender in the
auction after the front-runner, Air One, pulled out Tuesday
night.




MatlinPatterson, which recently raised a $5 billion fund,
has been coordinating with U.S. buyout firm TPG and could still
lead a joint offer for the airline, the source said.


Read more at Reuters.com Mergers News

British Airways to be patient on Iberia -CEO

(Reuters) - offer, its chief executive said on Thursday. British Airways is part of a consortium led by private equity firm Texas Pacific Group [TPG.UL] that has bid 3.60 euros a share for Iberia.



The offer is expected to be rejected by Iberia's board at a meeting on Thursday in the hopes of receiving a rival bid, according to a source familiar with the situation.


Read more at Reuters.com Mergers News