Lufthansa finalizes 41% stake in Italy's ITA Airways for $350 million, eyes full acquisition
Germany's Lufthansa Group (OTCQX:DLAKY) (OTCQX:DLAKF) finalized its acquisition of a 41% stake in the Italian airline ITA Airways for €325 million (approximately $350 million) from the Italian government.
ITA Airways joins Lufthansa as fifth network airline, 41% stake deal finalized
The Lufthansa Group has welcomed ITA Airways as its fifth network airline, finalizing a 41% stake in the Italian carrier.
Lufthansa finalises acquisition of 41% stake in Italy's ITA
Lufthansa finalised its acquisition of a 41% stake in Italian state-owned airline ITA after European antitrust remedies were put in place, it said on Friday, in a deal designed to boost the carrier's presence in the lucrative southern European market.
Lufthansa Finalizes Deal for 41% Stake in Italy’s ITA Airways
Deutsche Lufthansa AG completed the acquisition of a minority stake in Italian carrier ITA Airways late on Friday after first making an offer for its competitor in January 2023.
German Lufthansa closes deal to acquire 41% of ITA Airways, gaining full control by 2033
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. Under the 325-million-euro ($350 million) deal,
Lufthansa finalizes 41% stake in ITA Airways
The Italian airline ITA Airways is a new member of the Lufthansa (DLAKY) Group. The Italian Ministry of Economy and Finance, MEF, and Lufthansa
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Eurowings, Part of the Lufthansa Group, Embarks on Largest Fleet Modernization in Its History
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Lufthansa celebrates roll-out of the legendary Lockheed Super Star
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Lufthansa shows off re-assembled L-1649A Starliner ahead of centenary display
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Lufthansa Technik rolls out fully renovated 1957 Lockheed Starliner in Hamburg
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EU to order Lufthansa to restore Condor's access to its short-haul network
The European Commission told Lufthansa on Wednesday it would order the German flag carrier to reinstate charter airline ...
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Lufthansa unveils modern new lounge at London Heathrow Airport
On 21 January 2025, Lufthansa will re-open its new and improved passenger lounge at London Heathrow Airport. Located in ...