Lufthansa Group completed its acquisition of Italy's ITA Airways, formerly Alitalia, finalizing a deal worth 829 million euros. Lufthansa now holds 41% of ITA, aiming for full control by 2033. This ...

Germany’s Lufthansa Group on Friday finalized its acquisition of Italian airline ITA Airways, closing a long period of ...

Lufthansa finalised its acquisition of a 41% stake in Italian state-owned airline ITA after European antitrust remedies were ...

Under the 325-million-euro ($350 million) deal, Lufthansa takes an initial 41% stake in ITA, formerly Alitalia ... May 2023 and was approved by the European Commission following a year-long ...

Lufthansa previously said the deal, under which it paid €325m for the stake in the successor airline to bankrupt Alitalia - was expected to close in early 2025. The European Commission approved ...