Lufthansa to Increase Stake in ITA Airways to 90%

Lufthansa has announced its intention to exercise an option to increase its ownership stake in ITA Airways to 90%. This move will give the German airline a significant majority share in the Italian carrier.

12 May, 09:20 — 12 May, 09:20

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ANSAMostly Factual2h ago

Lufthansa says it'll exercise option to take ITA stake up to 90%

(ANSA) - ROME, MAY 12 - Lufthansa said Tuesday that it will exercise its option to buy an additional 49% of ITA Airways from the Italian government in June for 325 million euros, taking its stake up to 90%. ITA is the slimmed-down successor to Alitalia, and was set up in 2020 after the long loss-making former flag-carrier went bankrupt. Germany's Lufthansa, which acquired a 41% stake of ITA last year, said the transaction is subject to regulatory approvals and is expected to close in the firs...

By ANSA

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First report: ANSA · 12 May, 09:20|Full coverage: 3 · 3h|Window: 3h

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ANSA12 May, 09:20First to report

Lufthansa says it'll exercise option to take ITA stake up to 90%

faz12 May, 09:48

Flugkonzern: Lufthansa will schnell die Mehrheit an ITA

2h later

lsm-lv12 May, 11:55Latest update

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Lufthansa to Increase Stake in ITA Airways to 90%

Sources

Lufthansa says it'll exercise option to take ITA stake up to 90%

Coverage Timeline

Lufthansa says it'll exercise option to take ITA stake up to 90%

Flugkonzern: Lufthansa will schnell die Mehrheit an ITA

«Lufthansa» sev piederošo «ITA Airways» akciju daļu palielinās līdz 90%

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