Lufthansa submits offer to acquire a stake in ITA

Lufthansa AG is aiming to acquire stake in ITA Airways

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plan is to agree on initial acquisition of a minority stake

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options to purchase remaining shares at a later date.

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Today, the company submitted an offer to Italian Ministry

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to conclude a Memorandum of Understanding in this respect.

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Contingent on both parties signing this MoU, further negotiations

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primarily focus on the form of a possible equity investment

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commercial & operational integration of ITA into Lufthansa

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implementation would be subject to approval by authorities.

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Lufthansa submits offer to acquire a stake in ITA

Lufthansa submits offer to acquire a stake in ITA

Lufthansa AG is aiming to acquire stake in ITA Airways

Lufthansa AG is aiming to acquire stake in ITA Airways

plan is to agree on initial acquisition of a minority stake

plan is to agree on initial acquisition of a minority stake

options to purchase remaining shares at a later date.

options to purchase remaining shares at a later date.

Today, the company submitted an offer to Italian Ministry

Today, the company submitted an offer to Italian Ministry

to conclude a Memorandum of Understanding in this respect.

to conclude a Memorandum of Understanding in this respect.

Contingent on both parties signing this MoU, further negotiations

Contingent on both parties signing this MoU, further negotiations

primarily focus on the form of a possible equity investment

primarily focus on the form of a possible equity investment

commercial & operational integration of ITA into Lufthansa

commercial & operational integration of ITA into Lufthansa

implementation would be subject to approval by authorities.

implementation would be subject to approval by authorities.

Read more Full Details

Read more Full Details