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Luxembourg flag carrier Luxair said on Wednesday it had filed a legal challenge before the General Court of the European ...
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formally concluded the merger transaction. The deal saw Lufthansa acquire a 41% stake in ITA, with the Italian government retaining 59%. Notably, the contract allows Lufthansa to increase its ...
Under the 325-million-euro ($350 million) deal, Lufthansa takes an initial 41% stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total investment of ...
The European Union gave Deutsche Lufthansa LHA-0.54%decrease; red down pointing triangle its conditional approval to buy a minority stake in ITA Airways, the Italian carrier formerly known as ...
BERLIN (Reuters) -Lufthansa is set to acquire a stake in Italian state-owned airline ITA on Jan. 13, a source familiar with the situation told Reuters on Wednesday, bringing to a close years of talks.
ROME (AP) — Germany’s Lufthansa Group on Friday finalized its acquisition of Italian airline ITA Airways, closing a long period of uncertainty for Italy’s former flagship carrier.