Announced
Financials
Sources
Tags
Airlines
Italy
Acquisition
Pending
airlines
Cross Border
Private
air transportation
Minority
Friendly
Single Bidder
Synopsis
Lufthansa, a German airline, agreed to acquire a 41% stake in ITA Airways, an airline company, for $348m. The closing of the transaction after the contractual finalization remains subject in particular to regulatory approvals, especially by the European competition authority.
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