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Deutsche Lufthansa AG have reached an agreement with the Italian Ministry of Economy and Finance (Ministero dell’Economia e delle Finanze, MEF) to acquire a minority stake in the Italian national carrier ITA Airways (Italia Trasporto Aereo S.p.A.). Lufthansa will obtain a 41 percent stake in ITA for EUR 325m through a capital increase.
Lufthansa Group reaches agreement on the acquisition of 41 per cent stake in ITA Airways
Source: Travel