Germany's Lufthansa in talks to buy 40% stake in Italy's ITA Airways

Summary by Ground News

Germany's Lufthansa is set to buy a 40% stake in state-owned Alitalia's successor ITA Airways. A deal could be unveiled next week, Italian daily Il Foglio reported. The newspaper did not give a price for any deal, but said the two companies were very close to agreeing over some key terms.

4 months ago·Germany

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Reuters

Germany's Lufthansa in talks to buy 40% stake in Italy's ITA Airways

BERLIN/ROME - Germany's flagship carrier Lufthansa is in talks to buy a 40% stake in state-owned Alitalia's successor ITA Airways, two people familiar with the negotiations said on Sunday, following a newspaper report that a deal could be unveiled next week. The talks about a tie-up between Germany's partly state-owned Lufthansa and ITA Airways are still ongoing with all outcomes

4 months ago·United Kingdom

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Financial Post

Germany's Lufthansa in talks to buy 40% stake in Italy's ITA Airways

BERLIN/ROME -- Germany's flagship carrier Lufthansa is in talks to buy a 40% stake in state-owned Alitalia's successor ITA Airways, two people familiar with the negotiations said on Sunday, following a newspaper report that a deal could be unveiled next week. Read More

4 months ago·Canada

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OAN

Germany’s Lufthansa in talks to buy 40% stake in Italy’s ITA Airways – sources

January 23, 2022By Michael Nienaber and Giuseppe FonteBERLIN/ROME (Reuters) – Germany’s flagship carrier Lufthansa is in talks to buy a 40% stake in state-owned Alitalia’s successor ITA Airways, two people familiar with the negotiations said on Sunday, following a newspaper report that a deal could be unveiled next week.The talks about a tie-up between Germany’s partly state-owned Lufthansa and ITA Airways are still ongoing with all outcomes…

4 months ago·San Diego, United States

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FijiTimes

Germany’s Lufthansa is set to buy 40% stake in Alitalia’s successor ITA – paper

MILAN, Jan 22 (Reuters) – Germany’s Lufthansa (LHAG.DE) is set to buy a 40% stake in state-owned Alitalia’s successor ITA Airways and a deal could be unveiled next week, Italian daily Il Foglio reported on Saturday.ITA Airways started flying on Oct. 15 with nearly 2,300 employees and a fleet less than half the size of that operated by Alitalia, the 75-year old former national carrier which passed through a dizzying succession of restructurings a…

4 months ago·Fiji

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