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Lufthansa

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Portugal's Social Democratic Party contender for PM wants full privatisation of airline TAP

Portugal's Social Democratic Party contender for PM wants full privatisation of airline TAP By Sergio Goncalves and Andrei Khalip LISBON, Dec 5 (Reuters) - Portugal will fully privatise flag carrier TAP if the opposition Social Democratic Party (PSD) wins a snap election in March and forms a new government, PSD leader Luis Montenegro told Reuters on Tuesday.
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Italy - Factors to watch on Dec. 1

Italy - Factors to watch on Dec. 1 The following factors could affect Italian markets on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Italian lawmakers on Thursday approved a government decree that allows migrants aged 16 or 17 to be held in adult reception centres and gives police stronger powers to check that migrants are not falsely clai
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Lufthansa seeks EU antitrust approval for ITA Airways stake purchase

UPDATE 2-Lufthansa seeks EU antitrust approval for ITA Airways stake purchase Adds European Commission deadline, details By Ilona Wissenbach, Angelo Amante and Giuseppe Fonte FRANKFURT/ROME, Nov 30 (Reuters) - Lufthansa AG LHAG.DE and Italy sought EU antitrust approval on Thursday for the German airline to buy a controlling minority stake in Italy's ITA Airways, with sources saying that Lufthansa is prepared to cede slots at Milan airport to address competition concerns.
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Lufthansa submits application to European Commission to acquire ITA Airways stake -spokesperson

Lufthansa submits application to European Commission to acquire ITA Airways stake -spokesperson FRANKFURT, Nov 30 (Reuters) - Deutsche Lufthansa AG LHAG.DE submitted an application to the European Commission in Brussels on Thursday to acquire a controlling minority stake in Italy's ITA Airways, a company spokesperson said. Lufthansa is to acquire a 41% stake in ITA for 325 million euros ($354.71 million) as part of a capital increase.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds SAIC Motor, Technogym, KKR, Frasers; Updates AbbVie Nov 30 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday: ** Indian conglomerate JSW Group and China's SAIC Motor 600104.SS have formed a joint venture in India with a focus on green mobility and to develop the electric vehicle ecosystem, the two companies said in a statement on Thursday.
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