March 4, 2008  
ALITALIA SPA: Air France-KLM to Offer for Part of AZ Servizi
Air France-KLM S.A. plans to present a binding offer for
Alitalia S.p.A.'s AZ Fly unit and a fraction of AZ Servizi,
Thomson Financial reports, citing FILT-CGIL union secretary
general Fabrizio Solari...
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BAA LTD: Investors Eye Company's Scottish Airports
Scottish investors are ready to acquire one or more of BAA
Ltd.'s airports in the region should the Competition Commission
compel the company to sell its assets in the area, The Scotsman
reports...
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COLTRANE CLO: Fitch Cuts Ratings to "CC" on 4 Classes of Notes
Fitch Ratings has downgraded 4 classes of notes issued by
Coltrane CLO p.l.c.  All classes remain on Rating Watch Negative
by Fitch.  These rating actions are effective immediately:...
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GMAC (U.K.): Fitch Holds Short-Term Issuer Default Rating at B
Fitch Ratings has downgraded and removed from Rating Watch
Negative the long-term Issuer Default Rating GMAC LLC and
related subsidiaries to 'BB' from 'BB+'...
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INTELSAT LTD: ViewAfrica Extends Contract to Up Channel Offering
Intelsat Ltd. reported that U.K.-based ViewAfrica has contracted
for additional capacity on the Intelsat 10 satellite for
increased channel distribution.  ViewAfrica Network is
distributing free-to-air programming bouquets reaching all the
Sub-Saharan...
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NEMUS II: Fitch Holds Rating on GBP1.13 Million Class F Notes
Fitch Ratings affirmed Nemus II (Arden) p.l.c.'s notes as :... Read More
NORTHERN ROCK: David Baker Set to Retire in May 2
Mr. David Baker, Northern Rock's deputy chief executive, is set
to take an early retirement on May 2, 2008.  Mr. Baker served
the bank for 34 years.  He assumed his deputy chief executive
position in September 2005...
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PERNOD RICARD: To Reopen Braeval Distillery in July 2008
Pernod Ricard S.A. plans to reopen its Braeval distillery, near
Tomintoul, Scotland, in July 2008 to boost its Speyside whisky
production, the Scotsman reports...
Read More
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