The European Commission 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').
Press corner | European Commission - Die Europäische Kommission
The European Commission 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').
EU Commission gives "green light" for Lufthansa Group’s …
Lufthansa Group, the Italian Ministry of Economy and Finance (MEF) and ITA Airways have expressly welcomed the EU Commission's approval under competition law.
German Lufthansa closes deal to acquire 41% of ITA Airways, …
10 hours ago · German Lufthansa Group has finalized its acquisition of Italian airline ITA Airways, ... This deal was originally announced in May 2023 and was approved by the European Commission following a year-long investigation and with conditions to protect competition. The commission noted that Lufthansa, ITA and its partners, for example, control most ...
Press corner | European Commission - Die Europäische Kommission
The European Commission has sent a Supplementary Statement of Objections to Lufthansa indicating the Commission's intention to order the airline to reinstate Condor's access to Lufthansa's feed traffi
EU commission approves Lufthansa purchase of long-troubled …
Jul 3, 2024 · Lufthansa will invest 325 million euros ($350 million) to acquire a 41% stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total investment of 829 million euros.
Lufthansa Group finalizes 41 percent stake in ITA Airways
The two parties had already agreed in May 2023 that Deutsche Lufthansa AG would acquire a minority stake of 41 percent in ITA Airways. The European Commission had recently approved the participation by approving the remedies on 29 November 2024. Other competition authorities outside the EU have since also approved the participation.
Germany’s Lufthansa closes deal to acquire 41% of ITA Airways, …
10 hours ago · Under the €325-million ($350-million) deal, Lufthansa takes an initial 41 per cent stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total ...
German Lufthansa Closes Deal to Acquire 41% of ITA Airways, …
10 hours ago · Under the 325-million-euro ($350 million) deal, Lufthansa takes an initial 41% stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total investment of ...
Lufthansa takeover of Italy's ITA cleared by Brussels
Jul 3, 2024 · The European Commission on Wednesday said it approved German national carrier Lufthansa's plans to acquire joint control of Italy's ITA Airways for €325 million ($349.6 million).