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German Lufthansa closes deal to acquire 41% of ITA Airways, gaining full control by 2033

yahoo.com
submitted
5 mos ago
byblackbeardsshiptotravel

Summary

Germany's Lufthansa Group on Friday finalized its acquisition of Italian airline ITA Airways. Under the 325-million-euro ($350 million) deal, Lufstansa takes an initial 41% stake in ITA. The remaining 59% will initially continue to be held by the Italian Treasury.
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2 Comments

2
sometimessober
4 mos ago
Do we really need more consolidation?
1
throwschen
4 mos ago
Gotta consolidate it all at the top!