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EU gives conditional nod to Lufthansa’s proposed ITA Airways stake

By Inquirer - 5 months ago
Brussels, Belgium — The EU on Wednesday announced its conditional approval for German airline Lufthansa’s proposed stake in ITA Airways, a deal that Italy called a “big European success”. Lufthansa, one of Europe’s largest carriers, last year agreed to pay 325 million euros ($350 million) for a 41 percent stake in ITA, with the Italian

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