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Maroc Maroc - TRAVELINDUSTRYTODAY.COM - A La Une - 19/Jan 22:56

LUFTHANSA BUY ENDS UNCERTAINTY FOR FORMER ALITALIA

Germany's Lufthansa Group finalized its acquisition of Italian airline ITA Airways on Friday, closing a long period of uncertainty for Italy’s former flagship carrier. Under the 325-million-euro ($483 million) deal, Lufthansa takes an initial 41% stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033.

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