Lufthansa to win EU nod to buy Alitalia’s shaky successor

Lufthansa to win EU nod to buy Alitalia’s shaky successor

DEUTSCHE Lufthansa’s 325 million euro (S$466 million) investment in Italy’s ITA Airways is set to be approved by the European Union, paving the way for Prime Minister Giorgia Meloni’s government to offload a loss-making asset as she tries to improve her nation’s finances. The EU’s competition arm is in the process of drafting an approval…

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