Lufthansa Buys Minority Stake in ITA Airways

Lufthansa Buys Minority Stake in ITA Airways

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Germany’s Deutsche Lufthansa said it had reached an agreement with the Italian Ministry of Economy and Finance to acquire a 41% stake in ITA Airways, the Italian carrier formerly known as Alitalia, building on its exposure to what Lufthansa called the third-largest airline market in Europe.

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