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ITA-Lufthansa (2). EC clears proposed acquisition of stake

In the Italian carrier by the German airline, subject to conditions

The European Commission (EC) has approved, under the EU Merger Regulation, the proposed acquisition of joint control of ITA Airways (‘ITA') by Deutsche Lufthansa AG (‘Lufthansa') and the Italian Ministry of Economy and Finance (‘MEF'). The approval is conditional upon full compliance with the remedies offered by Lufthansa and the MEF.Today's decision follows an in-depth investigation of the proposed trans...

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AVIONEWS - World Aeronautical Press Agency
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