Europe

Lufthansa purchases 41% ITA stake in a €325 million deal

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Lufthansa purchases 41% ITA stake in a €325 million deal

Lufthansa has agreed with the Italian Government to purchase a 41% stake in ITA Airways through a capital increase of €325 million. The Lufthansa Group also maintains the option to purchase the rest of the airline outright later. As a part of the deal, the Italian Ministry of Economy and Finance w...

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