Ryanair calls off proposed bid for Alitalia

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Ryanair has said it would end its interest in Italy’s Alitalia to help “eliminate all management distractions”.

The airline had intended to submit a binding bid for Alitalia in December.

I a written statement the airlines said “we have notified the Alitalia bankruptcy Commissioners that we will not be pursuing our interest in Alitalia or submitting any further offers for the airline,”

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