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Lufthansa in Talks to Acquire 40% Stake in Alitalia’s ITA Airways

Taarek Refaat by Taarek Refaat
1:49 AM January 24, 2022
Lufthansa in Talks to Acquire 40% Stake in Alitalia’s ITA Airways
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German airline Lufthansa is in talks to buy a 40% stake in the successor to state-owned Alitalia, two people familiar with the negotiations said, following a press report that a deal could be revealed next week.

One of the sources, who asked not to be identified, said that talks on the partnership between German state-owned part-owned Lufthansa and ITA Airways are still ongoing with all possible outcomes, adding that the stake price is still under negotiation.

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The second source said Lufthansa and ITA were in talks about selling a 40% stake, but that it could take more than a few days to reach a comprehensive agreement.

A Lufthansa spokesperson declined to comment, but reiterated an earlier statement that the German carrier was open to the possibility of a partnership with ITA.

Tags: Lufthansa in talks to Acquire 40% Stake in Alitalia's ITA AirwaysLufthansa in trattative per acquisire il 40% di ITA Airways di Alitalia

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