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German airline Lufthansa signs deal for minority stake in Italy's struggling ITA Airways

Por: ABC News Tech May 25, 2023

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MILAN -- German airline Lufthansa on Thursday signed a deal with the Italian government for a 41-percent minority share in the long-struggling ITA Airways, formerly Alitalia.The deal calls for investments of 575 million euros in capital increases, 325 million euros from Lufthansa and the rest from the Italian Finance Ministry, providing capital for growth. Lufthansa will also have the option of buying the remaining shares at a later date.... + full article



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