-- Lufthansa's planned acquisition of a stake in Italian carrier ITA Airways has been put on hold by the Italian treasury due to a dispute over the agreed price, Reuters reports citing unnamed sources.
-- In May last year Lufthansa agreed to inject 325 million euros ($353.6 million) into ITA Airways for a 41% stake and the deal received European Union approval this July.
-- The Italian economy ministry and Lufthansa are disputing a difference in price of 10 million euros, according to Reuters.
-- A spokesperson for Lufthansa told Reuters that the airline would adhere to the terms of the contract for its investment in ITA.
Full story: https://tinyurl.com/bdbx7avs
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
November 05, 2024 10:05 ET (15:05 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。