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Luxembourg flag carrier Luxair said on Wednesday it had filed a legal challenge before the General Court of the European ...
Luxair filed (21-May-2025) a legal challenge against the European Commission's (EC) decision to approve the merger between Lufthansa and ITA Airways on 28-Apr-2025. Luxair dispute ...
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 ...
German Lufthansa Closes Deal to Acquire 41% of ITA Airways, Gaining Full Control by 2033 ROME (AP) — Germany's Lufthansa Group on Friday finalized its acquisition of Italian airline ITA Airways ...
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.
"The approval is conditional upon full compliance with the remedies offered by Lufthansa" as well as by the Italian Economy and Finance Ministry, the Commission said in a statement. "Whilst ITA is ...
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 ...
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.