Lufthansa's €325 million investment in Italy’s ITA Airways is set to be approved by the European Union, according to multiple sources. The approval, expected by July 4, is seen as a boost to Prime Minister Giorgia Meloni’s efforts to reduce Italy's debt. Lufthansa has addressed EU competition concerns with remedies, although it is unlikely to offer further concessions. EU regulators have not made a final decision yet.
Lufthansa’s €325 Million ITA Deal Set for EU Approval EU to make official approval decision on deal by July 4 Lufthansa calmed EU fears over competition with remedies https://t.co/sBOjeByF4v
⚠️ EU ANTITRUST REGULATORS LEANING TOWARDS CLEARING LUFTHANSA'S BID FOR STAKE IN ITALY'S ITA, SOURCES SAY **EU REGULATORS HAVE NOT MADE FINAL DECISION YET, SOURCES SAY
NEW: Lufthansa’s €325 million investment in Italy’s ITA Airways is set to be approved by the European Union, in a boost to Prime Minister Giorgia Meloni’s attempt to cut her nation’s debt pile: https://t.co/ZVXicWlYON
Lufthansa's €325 million investment in Italy’s ITA Airways is set to be approved by the European Union https://t.co/dsjwTUaKd6
They'll be flying high after this news... *LUFTHANSA’S €325 MILLION ITA DEAL SET FOR EU APPROVAL
Lufthansa unlikely to offer more concessions in ITA bid, sources say https://t.co/KDr0F2bh7M https://t.co/oK6alLWj5v
🔵 LUFTHANSA UNLIKELY TO OFFER MORE CONCESSIONS IN ITA BID, SOURCES SAY Full Story → https://t.co/tmDVmhiDp6 Lufthansa is unlikely to offer more remedies to EU antitrust regulators scrutinising its bid for a stake in state-owned Italian carrier ITA despite their concerns… https://t.co/IVGUZWK7j3
🔵 IAG OFFERS REMEDIES TO EU OVER AIR EUROPA DEAL Full Story → https://t.co/rBBDhOG0bo British Airways owner IAG has again offered remedies to the European Commission aimed at securing EU approval of its takeover of Spain's Air Europa. https://t.co/zQ13Ue1354
Lufthansa sweetens offer in bid to secure EU approval for ITA deal https://t.co/rnBNxPHHix https://t.co/pOzkIxcjk5