Lufthansa Nears Deal to Take Over Italy’s ITA Airways
Deutsche Lufthansa AG is on track to complete its takeover of ITA Airways after ironing out differences with the Italian government over the purchase of the unprofitable carrier.
Italy and Lufthansa reach deal on ITA Airways stake
The Italian government and Lufthansa reached a deal on the sale of a stake in flag carrier ITA Airways to the German airline, Rome announced Monday evening, hours before a midnight deadline to present the agreement to European regulators.
Italy reaches deal with Germany's Lufthansa to buy into state-owned airways
ROME, Nov. 12 (Xinhua) -- The Italian government reached a deal with Germany's Lufthansa in order to finalize the acquisition by the German group of a minority stake in Italy's ITA Airways, Italy's Economy and Finance Ministry has said.
Lufthansa nears deal to buy Italy's ITA
Lufthansa Group submitted a package of remedies to the European Commission needed to secure antitrust EU approval to take a minority stake in ITA Airways, the German airline said on Tuesday, bringing it a step closer to closing the deal after a dispute with Italy's Treasury last week put it on hold.
Lufthansa takeover of Alitalia nearing completion
German airline Lufthansa's $356m investment in Italian state-owned airline Alitalia is close to being finalized after the airline resolved its differences with the Italian government, reported Bloomberg.
Breakthrough Reached in Lufthansa-ITA Airways Deal
A breakthrough in Lufthansa’s (LH) merger with ITA Airways (AZ) came about on Monday night. Talks between the Italian Economy and Finance Ministry (MEF) and LH moved ahead after reaching a solution to a problem that had stalled the German company's merger with AZ.
Lufthansa reaches deal to secure stake in Italy's ITA Airways
The Italian Ministry of Economy and Finance has revealed that it has reached a deal with Germany's Lufthansa Group for a 49% stake in ITA Airways. View on euronews
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Lufthansa nears deal to buy Italy's ITA Airways
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