Germany's Lufthansa Group said it had submitted a package of remedies to the European Commission needed to secure EU antitrust approval to take a minority stake in Italy's ITA Airways, bringing it a step closer to closing the deal.

RTÉ

Ireland

Lufthansa nears deal to buy Italy's ITA Airways

Media Bias/Fact Check

Government of Ireland

The agreements relating to the 'remedies' to be sent to Brussels to guarantee competition “were sent to the Directorate-General for Competition of the European Commission”, within the established deadlines, the same source highlighted. “The expected economic conditions have not changed compared to the agreement already signed” in May 2023, underlined the Italian ministry, in a statement. The German company and the Italian Government thus respect…

Os acordos relativos aos 'remédios' a enviar para Bruxelas para garantir a concorrência "foram enviados à Direção-Geral da Concorrência da Comissão Europeia", nos prazos estabelecidos, destacou a mesma fonte.   "As condições económicas previstas não se alteraram face ao acordo já assinado" em maio de 2023, sublinhou o ministério italiano, em comunicado. A empresa alemã e o Governo italiano respeitaram assim o prazo, fixado para a meia-noite de s…

Governo italiano e Lufthansa chegam a acordo para venda da ITA Airways

Noticias ao Minuto

Portugal

Italian government and Lufthansa reach agreement to sell ITA Airways

Lufthansa and Rome have overcome their differences over the final price of the sale of ITA Airways to the German airline giant.

Lufthansa et Rome ont surmonté leurs divergences sur le prix final de la cession d’ITA Airways au géant aérien allemand.

Aérien : accord de dernière minute entre la Lufthansa et Rome pour le rachat ITA Airways

Le Parisien

LVMH

Paris

Île-de-France

France

Air: last-minute agreement between Lufthansa and Rome for the takeover of ITA Airways

Rome and Lufthansa had been locked into over a year of tough negotiations on the price and terms of the deal. ITA emerged from the failed national carrier Alitalia in 2020.

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All Sides

Deutsche Welle

Cabinet of Germany

Bonn

North Rhine-Westphalia

Germany

Italy reaches deal with Lufthansa over sale of stake in ITA

The Economy and Finance Ministry (MEF) and Lufthansa reached a breakthrough in talks late on Monday to overcome a problem that had put the German company's merger with ITA Airways on ice. (ANSA)

ANSA

Italy

Govt, Lufthansa reach breakthrough for ITA merger

Brussels must now approve the agreement under which the German airline giant acquires a 41% minority stake in the Italian public company for 325 million euros, reserving the option of increasing to 100% in the medium term.

Bruxelles doit à présent approuver l’accord selon lequel le géant aérien allemand acquiert une part minoritaire de 41 % de la compagnie publique italienne pour 325 millions d’euros, se réservant l’option de monter à 100 % à moyen terme.

Transports aériens : Rome valide la cession d’une partie d’ITA Airways à Lufthansa

Le Monde

Air transport: Rome approves the sale of part of ITA Airways to Lufthansa

German airline Lufthansa is on track to complete the purchase of a 41 percent stake in Italian airline ITA Airways. Disagreements over the sale price that surfaced last week have been resolved, Bloomberg reported.

Německý letecký dopravce Lufthansa je na dobré cestě dokončit nákup 41procentního podílu v italských aerolinkách ITA Airways. Neshody ohledně prodejní ceny, které minulý týden vypluly na povrch, se povedlo vyřešit, uvedla agentura Bloomberg.

Lufthansa se přiblížila k nákupu podílu v ITA Airways. Spor ohledně ceny společnosti vyřešily

Novinky.cz

Seznam.cz

Lufthansa has moved closer to buying a stake in ITA Airways. The companies resolved the price dispute

According to the government in Rome, there is nothing left to prevent Lufthansa from joining the state-owned Italian airline Ita.

Dem Einstieg der Lufthansa bei der staatlichen italienischen Fluggesellschaft Ita steht nach Angaben der Regierung in Rom nichts mehr entgegen.

Italien - Regierung gibt grünes Licht für Ita-Übernahme durch Lufthansa

Deutschlandfunk

Deutschlandradio

Italy - Government gives green light for Ita takeover by Lufthansa

The Italian government and Lufthansa reached a deal on the sale of a stake in flag carrier ITA Airways to the German airline, Rome announced Monday evening, hours before a midnight deadline to present the agreement to European regulators.

Legit.ng - Nigeria news.

Ikeja

Lagos

Nigeria

Italy and Lufthansa reach deal on ITA Airways stake - Nigeria News Update

Ita Airways was founded in October 2021 as an airline independent of its predecessor, Alitalia, which lasted for years on the verge of bankruptcy.

Ita Airways fue fundada en octubre de 2021 como una aerolínea independiente de su predecesora, Alitalia la cual duró años al borde de la quiebra.

Lufthansa nears deal to buy Italy's ITA Airways

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