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EU agrees Lufthansa's 41% stake in Alitalia successor ITA Airways

The EU's powerful competition regulator on Wednesday announced it has conditionally approved German airline Lufthansa's proposed stake in Italy's ITA Airways.Lufthansa, one of Europe's biggest carriers, last year agreed to pay 325 million euros for a 41 percent stake in ITA, with the Italian finance ministry also contributing 250 million euros as part of the...

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