Lufthansa Group reaches agreement on the acquisition of 41 per cent stake in ITA Airways
Source: Lufthansa Italian Ministry of Economy and Finance and Deutsche Lufthansa AG agree on a minority stake in ITA Airways Deutsche Lufthansa AG will acquire 41 percent stake in ITA Airways through a capital increase of EUR 325m – with the option to acquire all remaining shares at a later date Growth opportunity for Lufthansa Group and broader access to important Italian aviation market A stronger ITA will enhance competition in the Italian market and improve connections between Europe and other international markets Carsten Spohr: “Today’s agreement will lead to a win-win situation for Italy, ITA Airways and Lufthansa Group” Deutsche Lufthansa AG reached an agreement with the Italian Ministry of Economy and Finance (Ministero dell’Economia e delle Finanze, MEF) [...]