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Riccardo Toto wants to buy Livingston

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Riccardo Toto is on the way to place an offer for acquiring the 100% stake in Livingston.

In order to be not in conflict with Alitalia, Riccardo Toto, son of Carlo Toto today 5,31% stakeholder in Alitalia is ready to be in the market for this acquisition.

Riccardo Toto appears ready to buy Livingston via another company. The presence of a son in this bussines will be not a conflict with Alitalia.

The new airline is planned to resume charter flights by the coming winter 2011/12.